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Tree House Education sets IPO price band at Rs 135-153 per share

Tree House Education sets IPO price band at Rs 135-153 per share
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First Published: Mon, Aug 08 2011. 06 42 PM IST
Updated: Mon, Aug 08 2011. 06 42 PM IST
Mumbai: Tree House Education & Accessories Ltd, which manages and runs pre-schools in India, has fixed a price band of Rs 135-153 for its intial public offering to raise upto Rs 129 crore.
The issue, which open on 10 August and closes on 12 August, will constitue 25.01% of the fully-diluted paid-up equity capital of the company, it said in a statement.
The issue will offer a dicount of Rs 6 to retail investors, the statement added.
Motilal Oswal Investment Advisors Pvt Ltd and JM Financial Consultants Pvt Ltd are the book running lead managers to the issue.
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First Published: Mon, Aug 08 2011. 06 42 PM IST