Financial Daily from THE HINDU group of publications
Friday, Aug 05, 2005
Financial Daily from THE HINDU group of publications Friday, Aug 05, 2005 |
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Markets
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IPOs Info-Tech - Software Sasken IPO on Aug 11 Our Bureau
Bangalore , Aug 4 SASKEN Communication Technologies said its initial public offering would open on August 11 and close on August 17. The company is offering 50 lakh equity shares of Rs 10 each for cash at a premium to be decided through the book-building process. Sasken has fixed a price band of Rs 230-260 per share, which would translate into an issue size of between Rs 115 crore and Rs 130 crore. The net offer to public would constitute 16.36 per cent of the fully diluted post-issue paid-up equity capital, it said in a release.
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