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Shares of Sadbhav Engineering will remain in focus next week, as the IPO of its subsidiary opens on Monday. The IPO will close on Wednesday. Sadbhav Infrastructure Projects has fixed a price band of ₹100-103 a share. The issue consists of a fresh issue of equity shares for ₹425 crore and an offer-for-sale of 32.35 lakh shares. Strong response to the issue, particularly from retail investors, will trigger buying in the Sadbhav Engineering stock.
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