Fertiliser company Paradeep Phosphates Ltd's initial public offering (IPO) opened for subscription on Tuesday. The price band for the public issue, which concludes on May 19, has been fixed at Rs 39-42 per share.
The initial share sale comprises fresh issuance of equity shares worth Rs 1,004 crore and an offer for sale component of 11.85 crore equity shares by promoters and other selling shareholders.