Fine Organic Industries initial public offering (IPO) has opened for subscription today on June 20.

The public issue comprises of offer for sale of 76,64,994 equity shares by the promoter group selling shareholders. The price band for the IPO has been fixed at Rs.780-783 per share. The issue will close for subscription on June 22.

The book running lead managers to the offer are JM Financial Limited and Edelweiss Financial Services Limited, while Karvy Computershare Private Limited is the registrar to the offer. Further, bids can be made for a minimum of 19 shares and in multiple of 19 shares thereafter.

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