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Indifra plans to raise ₹14.04 crore via the issue, which is entirely a fresh issue of 21.6 lakh shares by promoters of the company. The price for the IPO has been set at ₹65 per share.
As the mega-IPO month continues, two startup firms FirstCry and Ola Electric are set to file their IPO paperwork, planning to launch their issue soon.
Mufti Jeans maker Credo Brands is all set to launch its ₹550 crore IPO next week, and here is all you need to know about the issue.
Investors can bid for 76 shares in one lot and in multiples thereafter. About 75% of the offer is reserved for qualified institutional buyers, 15% for non-institutional investors and 10% for retail investors
Essen Speciality Films' initial public offering (IPO) will open on June 23 and close on June 27. The Mumbai-based company exports specialized plastic products for home improvement and furnishings, and intends to use the IPO's funds for debt repayment, working capital requirements and general corporate purposes. The IPO consists of a fresh equity issue of up to 46.99 lakh equity shares of face value of INR10 ($0.14) each and an offer for sale of up to 1.5 million equity shares by selling shareholders with a price band of INR101-107 per share.