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Micromax plans IPO; files prospectus

Micromax plans IPO; files prospectus

February 12, 2014 2:17 IST | capital market
Micromax is tapping the capital market for raising funds and filed on Wednesday the draft prospectus with Securities and Exchange Board of India. The company will be offering 21.5 million shares and it may consider a discount of 10 per cent on the IPO issue price for retail investors.

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