The initial public offering (IPO) of Indiabulls Power is likely to be priced at the higher end of the price band at Rs 45 a share. The issue price for the IPO has been decided to be fixed at the upper end of the price band at Rs 45 a share, investment banking sources said. The IPO of 39.08 crore equity shares of the power unit of Indiabulls Real estate would result in an equity dilution of 19 per cent.

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