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Ceigall India Limited, an infrastructure construction company, announced its maiden initial public offer (IPO) to open on August 1, 2024. The company has fixed the price band of INR380-401 per equity share with a face value of INR 5 and will allow a minimum bid of 37 equity shares and multiples of 37 equity shares thereafter.
The IPO consists of a fresh issue of up to Rs 6,842.52 million and an offer for sale (OFS) of up to 1,41,74,840 equity shares by Promoter Selling…