A company is preparing to go public with a small to medium-sized enterprise initial public offering. The offering will consist of newly issued shares, with no existing shareholders selling their stakes. The price range for these shares has been set.

The issue is expected to raise a significant amount of money, with a valuation of approximately ₹47.07 crore at the lower end and ₹49.54 crore at the upper end. Further details about the offering, including the number of shares and listing date, are available.

The shares are proposed to be listed on a specific platform, with a tentative listing date given as September 22.