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of <h1>Textile Manufacturer Offers IPO of Rs. 27.89 Crore, Targeting Diverse Investor Segments with Strategic Growth Plans</h1> A textile company is launching an initial public offering (IPO) of Rs. 27.89 crore, opening on May 28 and closing May 30. The share price ranges from Rs. 42 to Rs. 45, with allocations for institutional, non-institutional, and retail investors. The company plans to use proceeds for working capital, loan repayment, and corporate purposes. The textile manufacturer specializes in cotton products, operates across 31 states, and serves 1,397 wholesalers through B2B channels.
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