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Rathi Udyog fixes price band

NEW DELHI: Rathi Udyog, manufacturer of steel products, has fixed the price band at Rs. 50-55 for its follow-on public offer, which will hit the market on May 19, to raise Rs. 58 crore. The overall issue size is Rs. 98 crore, out of which the promoters will take up shares worth Rs. 40 crore.

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