Rishabhdev Technocable FPO to open June 4

MUMBAI: After a long lull in the primary market, Rishabhdev Technocable Ltd will try its luck to raise funds from the capital market. The company���s 68,54,500 share follow-on public offering (excluding promoters contribution 21,45,500 shares) opens on June 4. The Rs 10 shares are priced in the range of Rs 29 to Rs 33 each.

IDBI Capital Market Services and PL Capital Markets are the book running lead managers to the issue. The IPO closes on June 9