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Our Bureau

Mumbai , April 12

INDIA Infoline, a leading retail investment advisory and intermediary company, has fixed a price band between Rs 70 and Rs 80 for its forthcoming public issue.

The company is coming out with public issue of 1.18 crore shares with a face value of Rs 10 through the book building route.

The issue is slated to open on April 21 and close on April 27, the statement issued by company said.

India Infoline carries out the business of broking, distribution of personal finance products including mutual funds, fixed deposits, government bonds etc., corporate agency of life insurance and commodities broking through its separate wholly owned subsidiaries.

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