Monday, March 14, 2016

Infibeam's Rs 450 Cr IPO opens on March 21


Infibeam Incorporation Ltd is entering in the capital markets with an initial public offering, IPO of *** Equity Shares of Rs 10 each aggregating up to Rs 450 crores. The price band for the issue has been fixed at Rs 360 at lower level and Rs 432 at upper level.


Infibeam Incorporation Ltd is Ahmedabad, Gujrat based e-commerce company. Company operates Infibeam.com, one of India's leading multi-category e-retail website.


The issue opens on Mar 21, 2016 and closes for subscription on Mar 23, 2016. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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