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Mumbai, Dec. 10 Manaksia Ltd, a multi-division and multi location company focusing on manufacturing of value-added metal products and metal packaging products, will be foraying into the capital markets with an IPO of 1.55 crore equity shares of Rs 2 each for cash with a price band between Rs 140 and Rs 160.

The issue opens on December 17, and will close on December 19. The shares of the company are proposed to be listed on the BSE, NSE and Kolkata Stock Exchange.

The net issue to the public will be up to 15400000 equity shares and a total of 100000 equity shares will be available to eligible employees. ICICI Securities are the sole BRLM to the issue.

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