Adlabs' Rs 467-cr IPO to open on March 10

Amusement park operator Adlabs Entertainment is planning to launch an initial public offering (IPO) to raise up to Rs 467 crore. The issue will remain open between March 10 and 12.

The company will sell 20 million shares, of which two million will be offer for sale by existing promoter Thrill Park. The issue comprises 25.44 per cent of the post issue paid-up capital. The company is also offering a discount of Rs 12 a share to retail investors.