Value 360 Communications SME IPO: Opens for subscription on May 4

Value 360 Communications will be launching its SME IPO on May 4 to raise Rs 41.69 crore. The issue will end on May 6. The company will be issuing 42.5 lakh equity shares for a face value of Rs 10. The issue price has been set between Rs 95 and Rs 98 per equity share. The company will be selling 38.3 lakh fresh shares, and will push out 4.24 lakh shares via offer for sale.

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