India: Specialty chemicals maker Fine Organic to launch $89m IPO on June 20

Photo: Reuters

Specialty chemicals maker Fine Organic Industries Ltd on Thursday said that it will launch its Rs600 crore initial public offering (IPO) on 20 June.

Fine Organic has set a price band of Rs780-783 per share for the IPO, which will close on 22 June. The Fine Organic IPO—a pure offer for sale—will see the company’s promoters sell 7.66 million shares.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter