I want to know that What is the price band of Shalby IPO? How much money company wants to raise from the markets?
The price band of the Shalby IPO is Rs. 245-248 per share. The lower band is Rs. 245 and upper band is Rs. 248. The company intends to raise Rs. 504.8 from the markets. The Shalby IPO comprises a fresh issue of shares worth Rs. 480 crore and an offer for sale of up to 1,000,000 shares by promoter Vikram Shah Burman.
This is good IPO, you must apply for it. The healthcare sector looks promising and this company is making the profit. Check the financials of the company… The current price band of Rs. 245 to Rs. 245 will make the company valuation between Rs. 2,172-Rs. 2,198 crore.