Angel Broking Ltd. has introduced an preliminary public providing (IPO) of fairness shares to lift ₹600 crore.
While ₹300 crore can be raised by an offer-for-sale by promoting shareholders, an extra ₹300 crore can be raised by the corporate by the recent challenge of shares.
The IPO will open on September 22 and shut on September 24. Anchor traders can bid from September 21.
The worth band of the supply has been fastened at ₹305 to ₹306 per fairness share.
Bids will be made for no less than 49 shares and in multiples thereof.