The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer-for-sale (OFS) of 1.5 crore equity shares valued Rs 634 crore at the upper-end of the price band.
Quality Power, an energy transmission equipment and power technologies company, on Monday fixed a price band of Rs 401 to Rs 425 per share for its Rs 859-crore initial public offering (IPO).
The company's valuation has been pegged at nearly Rs 3,300 crore at the upper-end of the price band.
The story "Quality Power's Rs 859 cr IPO to open on Feb 14 with fresh issues, OFS" has 487 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.
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