The ₹1,462 crore IPO of Archean Chemical Industries will open for public subscription on November 9. The price band of the offer has been fixed at ₹386 to ₹407 per share. Bids can be made for a minimum of 36 shares and in multiples of 36 shares thereafter. The IPO comprises of fresh issue of shares aggregating up to ₹805 crore and an offer for sale of up to ₹657 crore. The offer will close on November 11.

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By Dipak

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