Indian real estate firm Oberoi Realty Ltd has fixed a price band of Rs 253-260 for its Rs 1000 crore ( USD 231.6 million) intial public offering, two sources with direct knowledge of the offer said on Sunday.
The issue, which will open on Oct 6 and close on Oct 8, will constitute 12 percent of the fully diluted post-issue paid-up share capital of the company.
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Kotak Mahindra Capital Company, Enam Securities, JP Morgan India and Morgan Stanley India are the book running lead managers to the issue.
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