BSE sets IPO Price Band at Rs 805-806 per Share

Stock market operator BSE Ltd has set the indicative price band for its initial public offering (IPO) of shares at between Rs 805 and Rs 806 apiece, according to a marketing term sheet for the offering. 

Share Market Tips– The IPO, which will open for bidding on Jan. 23, will see some of BSE’s shareholders selling a total of 15.4 million shares, and will value the stock exchange at Rs 44 billion (USD 645.02 million) at the top end of the price range. 

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