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Texmo Pipes fixes price band at Rs. 85-90

CHENNAI: Texmo Pipes and Products will enter the capital market with its public offer of 50 lakh equity shares. According to a release, the company has fixed the price band at Rs. 85 – 90 per share. The offer opens on February 16 and closes on February 19. The main purpose of the IPO is to raise funds for expanding of its product range and setting up manufacturing facilities for injection mouldings, fittings and woven sacks.

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