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ipo: Updater Services to use IPO proceeds to augment working capital, retire debt

“The primary issue is for Rs 400 crore and out of this, we would be using Rs 115 crore for the future augmented working capital and Rs 133 crore with respect to retiring the existing debt. Apart from this Rs 400 crore primary issue, there is a OFS of about 8 million shares at a higher price band. This would be around Rs 240 crores and so the total issue size at the cap would be around Rs 640 crore.” ....

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digikore studios ipo: Digikore Studios SME IPO to open next week. Will 'Stranger Things' magic work?

Digikore Studios IPO will run between September 25-27 for which it has fixed a price band of Rs 168-171 per equity share. The IPO comprises a total of 17,82,400 equity shares, including a fresh issue of 1,260,800 equity shares and an offer for sale (OFS) of 5,21,600 equity shares. ....

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