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IPO News

Shriram EPC's IPO price band at Rs 290-330 a share (The Hindu Businessline 24th Jan 2008) Shriram EPC Ltd has fixed the price band for its initial public offering (IPO) at Rs 290-330 a share, the company said in a statement on Thursday. The company, which provides engineering, procurement, construction and project management services, is offering 50 lakh equity shares to raise Rs 165 crore at the upper end of the price band. The issue will constitute 11.66 per cent of the fully diluted post-issue equity capital of the company, valuing it at about Rs 1,400 crore. More