Sona BLW Precision Forgings IPO: Share price band at Rs 285-291 apiece; 3-day public issue opens on 14 June
Automotive component maker Sona BLW Precision Forgings Limited has fixed the price band of its Rs 5,500 crore initial public offering (IPO) at Rs 285-291 apiece. The three-day issue will open on 14 June 2021 (Monday) and close on 16 June 2021 (Wednesday). The bidding for anchor investors will open on 11 June, PTI reported quoting the company
A total of 75 per cent of the issue has been reserved for qualified institutional buyers, 15 per cent for non-institutional bidders and 10 per cent for retail investors. Source: Reuters