Paradeep Phosphates sets IPO price band at Rs 39-42 a share - Moneycontrol

The IPO consists of a fresh issue of Rs 1004 crore while an offer for sale of upto 118.51 million by its existing shareholders and promoters. At the upper price band, the firm plans to raise around Rs 1502 crore.

Zuari Agro Chemicals-backed Paradeep Phosphates Ltd has set the price band for its initial public offering at Rs 39-42 a share. The IPO will open on May 17 for subscription and close on May 19. The a… [+2060 chars]

full article...