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PE backed-Indian Energy Exchange’s ₹1,000-crore initial public offering will open on October 9 and close on October 11. The IPO comprises 60.65 lakh equity shares through an offer-for-sale by shareholders.
While most investors are trimming their respective shareholding, Tata Power Company will be exiting its investment. The price band of the issue has been fixed at ₹1,645-1,650 a share. Besides sellers, MCX and BSE will also remain in focus.
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