iValue Infosolutions sets IPO price band at Rs 284–Rs 299 per share for Rs 560 crore offer

iValue Infosolutions has set the price band for its upcoming Initial Public Offering (IPO) at Rs 284–Rs 299 per equity share. The total issue size is estimated at Rs 560 crore at the upper end of the band.

The IPO will be a complete Offer for Sale (OFS) of up to 1,87,38,958 equity shares.

The public issue will open for bidding on Thursday, September 18 and will close on Monday, September 22. The anchor investor bidding in the IPO is scheduled to take place on Wednesday, September 17.

About iValue Infosolutions IPO

As per company disclosures, the total issue size is likely to range from Rs 532 crore to Rs 560 crore, depending on the final price discovered. Each equity share carries a face value of Rs 2, with a minimum bidding lot of 50…

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