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

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

Mumbai: Tree House Education & Accessories Ltd, which manages and runs pre-schools in India, has fixed a price band of 135-153 for its intial public offering to raise upto 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 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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