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Price Band Set At INR 118-124

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SUMMARY

At the upper end of the price band, the IPO will value the company at INR 8,316 Cr (about $930 Mn)

Total issue size would be around INR 922 Cr (about $103.1 Mn) at a price of INR 124 per share

The anchor bidding will take place on Tuesday (December 2), while the issue will close on December 5

Contract manufacturing company Aequs has set the price band for its IPO, set to open on December 3 (Wednesday), at INR 118 to INR 124. 

The anchor bidding will take place on…

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