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UFO Moviez India Ltd said on Tuesday its 6 billion rupee ($95.53 million) initial public offering would open for subscription on April 28 and the price band has been set at 615 rupees to 625 rupees per share.


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	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.</p>
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	The issue would close on April 30, the digital cinema distributor said in a statement.</p>
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	Investors such as 3i Research (Mauritius) Ltd and P5 Asia Holding Investments (Mauritius) Ltd (P5), and promoters will pare their stakes through the IPO.</p>
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	Axis Bank <axbk.ns> and Citigroup are the managers to the issue.</axbk.ns></p>

UFO Moviez sets Rs 615-625 price band for IPO

Offer will open for subscription on April 28

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