Cambridge Technolgy fixes price band
IT service provider Cambridge Technolgy Enterprises Ltd (CTEL) has announced a price band of Rs 63 to Rs 75 for its IPO.
By PTI |
NEW DELHI: IT service provider Cambridge Technolgy Enterprises Ltd (CTEL) has announced a price band of Rs 63 to Rs 75 for its IPO after filing the Draft Red Herring Prospectus with regulator SEBI.
The company plans to raise Rs 24 crore through the IPO to part finance expansion of facilities, certification, acquisition, setting up of overseas offices and provisioning of working capital, the company said in a statement.
The share with the face value of Rs 10 would be listed on the BSE and NSE.
The company plans to raise Rs 24 crore through the IPO to part finance expansion of facilities, certification, acquisition, setting up of overseas offices and provisioning of working capital, the company said in a statement.
The share with the face value of Rs 10 would be listed on the BSE and NSE.
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