Mandhana Industries IPO: Price band announced

Mandhana Industries Limited is tapping the capital markets with an IPO for 83 lakh shares in the price band of Rs 120-130. The issue opens on Tuesday the 27th of April and closes on Thursday the 29th of April. The issue would raise between Rs 96.6 crs and Rs 107.9 crs. The market cap on a fully diluted basis would be between Rs 397.5 crs and Rs 430.61 crs. The company is in the business of manufacturing textiles and garments.

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