S P Apparels' IPO Opens On August 2

Coimbatore: Tirupur-based S P Apparels, a manufacturer and exporter of knitted garments, on Friday said it aims to raise Rs 215 crore through its initial public offer opening on August 2. The company has fixed a price band at Rs 258-268 per equity share of face value of Rs 10 each for the IPO. A total of nine lakh shares would be on offer and this would aggregate up to Rs 215 crore, company chairman and managing director P Sundarar...