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Affle India announces closure of QIP issue

Capital Market 

Issue price approved at Rs 5200 per share

Affle India announced the closure of its qualified institutional placement offer on 04 May 2021. The fund raising committee of the company has determined and approved the issue price of Rs 5200 per equity share (including premium of Rs 5190 per share) to be allotted to the eligible qualified institutional buyers. The price of Rs 5200 per equity share takes into account a discount of Rs 222.94 per equity share (4.11% on the floor price).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, May 04 2021. 19:42 IST