Bajaj Corp Limited today announced the price band for its IPO as Rs 630-660. The issue opens on Monday the 2nd of August and closes on Wednesday the 4th of August for QIB’s and on Thursday the 5th of August for other bidders. The issue size is 45 lac shares of Rs 5 each. The issue would raise Rs 283.5 crs at the lower band of Rs 630 and Rs 297 crs at the upper band of Rs 660.

Bajaj Corp sells product under license from Bajaj Sevashram Limited. The company sells hair oil and other FMCG products and its famous flagship product is Bajaj Almond Drops Hair oil.