 "UFO Moviez sets Rs 615-625 price band for IPO")
UFO Moviez India Ltd said on Tuesday its Rs 600 crore ($95.53 million) initial public offering would open for subscription on April 28 and the price band has been set at Rs 615 to Rs 625 per share.
The issue would close on April 30, the digital cinema distributor said in a statement.
Investors such as 3i Research (Mauritius) Ltd and P5 Asia Holding Investments (Mauritius) Ltd (P5), and promoters will pare their stakes through the IPO.
Axis Bank and Citigroup are the managers to the issue.