Indo Us Bio-Tech Limited announced a private placement of 859,300 equity shares at a price of INR 71 on September 9, 2022. The transaction included participation from Improwised Technologies Pvt. Ltd for 200,000 shares and individual investors Jagdishkumar Devjibhai Ajudiya subscribed for 100,000 shares, Malti Jagdishbhai Ajudia subscribed for 100,000 shares, Priyanka Jagdishbhai Ajudia subscribed for 50,000 shares, Ruchita Ashitbhai Vora subscribed for 3000 shares, Rita Bineshbhai Vora subscribed for 4,500 shares, Jinali Agam vora subscribed for 4,500 shares, Kamal Ramanlal shah HUF subscribed for 10,500 shares, Jigar P shah HUF subscribed for 10,500 shares, Prafulla Pradipbhai Shah subscribed for 10,500 shares, Shreeda Kamal Shah subscribed for 10,500 shares, Rima Jainish Mehta subscribed for 12,000 shares,Nitin Hiralal Gandhi subscribed for 6,000 shares, Amitaben Nitinbhai Gandhi subscribed for 6,000 shares, Kaumil Nitinkumar Gandhi subscribed for 6,000 shares, Dolly Dineshkumar Shah subscribed for 4,500 shares, Nirali Dharmesh Mehta subscribed for 27,000 shares, Hiren Dhudalal Shah subscribed for 13,500 shares, Tejas Kishorchandra shah subscribed for 8,000 shares, Nikunj Kishorchandra shah subscribed for 9,000 shares, Saurav Maheshkumar Hurra subscribed for 9,000 shares, Gaurav Maheshbhai Hurra subscribed for 9,000 shares, Sambhav Ketanbhai Shah Huf subscribed for 6,000 shares, Falguni bhupendra shah subscribed for 6,000 shares, Mukeshkumar Sevantilal Surani subscribed for 50,000 shares, Rina M surani subscribed for 23,320 shares, Rakesh Sevantilal Surani subscribed for 27,495 shares, Nimisha Rakesh Surani subscribed for 27,495 shares, Saunil Rohitkumar Shah subscribed for 54,990 shares and Devendra Ramaniklal Mandaliya subscribed for 50,000 shares.

The shares issued have a face value of INR 10 and are issued at a premium of INR 61.