Finance3h ago
Prasol Chemicals fixes price band for Rs 500-cr IPO; issue to open on Sep 8
Prasol Chemicals will launch its Rs 500-crore Initial Public Offering on September 8. The company has fixed the price band at Rs 643-676 per equity share. This public offering will close on September 10 after anchor investor bidding. The IPO includes a fresh issue of Rs 80 crore and an OFS of Rs 420 crore. Proceeds will fund debt payment, working capital, and general corporate needs.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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