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Indian Energy Exchange’s(IEX) ,initial public offer(IPO) opens for subscription on October 9th. It has a price band of Rs.1645-1650 per share.
The issue will be closing on October 11 and its equity shares will be listed on National Stock Exchamge and BSE.
The book running lead managers to the issue are Axis Capital, Kotak Mahindra Capital Company and IIFL Holdings.
The issue will offer sale of up to 60.65,009 equity shares by 11 shareholders, which includes Tata Power and Multiples Private Equity Fund.
Bids can be made of minimum 9 equity shares and in multiples of 9 shares thereafter.
