Tara Health Foods Limited which had tapped the capital markets with an IPO for 1 crore shares in the price band of Rs 180 to 190 has had to revise the price band downwards and extend the issue by three days. The issue was open between the 28th of April and the 30th of April.
The company had allotted 15 lakh shares at Rs 180 to anchor investors as well. The revised price band has been lowered by Rs 5 to Rs 175-185 and the issue will now close on Wednesday the 5th of May 2010.
Investors desiring to apply or invest in the issue should look to do so on the last day of the issue itself.