Rishabhdev Technocable to come put with FPO on June 4

Rishabhdev Technocable Ltd is coming out with its Rs22 crore follow on public offer scheduled to hit the market on June 4. The company's 68,54,500 share follow-on public offering (excluding promoters contribution 21,45,500 shares) opens on June 4. The price band for the issue is fixed between Rs 29-Rs33.

IDBI Capital Market Services and PL Capital Markets are the book running lead managers to the issue. The IPO closes on June 9.