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IPO News

Cords Cable Industries The New Delhi-based Cords Cable Industries, manufacturer of cables for a variety of industries, will enter the capital market next week with an IPO of 30.85 lakh equity shares of Rs 10 each for cash at a price to be decided through a 100 per cent book-building process. The issue opens for subscription on January 21 and closes on January 24. The price-band has been fixed between Rs 125 and Rs 135 per equity share, Mr Rakesh Malhotra, Joint Managing Director, told a news conference.