Siyaram Recycling’s IPO price band at Rs43-46/share

New Delhi: Siyaram Recycling on Tuesday said it has fixed a price band of Rs43-46 apiece for its IPO.

At the upper end of the prices, the company aims to raise around Rs23 crore from the initial initial public offering (IPO). The issue will open for public subscription on December 14 and conclude on December 18, the company said in a statement.

“By issuing entirely fresh 49.92 lakh shares, the firm aims to raise Rs22.96 crores through an initial public offering (IPO) and has set a price band of Rs43 to Rs46 per share,” it said.