27
May
Kolkata (West Bengal) [India], May 27: The Rs. 27.89 crore Initial Public Offering (IPO) of NR Vandana Tex Industries Limited, a leading designer, manufacturer and wholesaler of cotton textile products, is set to open on Wednesday, May 28, and will close on Friday, May 30. The company has fixed a price band of Rs. 42 to Rs. 45 per share. The IPO is a completely fresh issue of 61,98,000 shares and will raise Rs. 27.89 crore at the upper end of the price band. The company has reserved 29,37,000 shares for Qualified Institutional Bidders (QIBs), 11,97,000 shares for Non-Institutional Bidders…
