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Shares of Thomas Cook India will remain in focus, as Quess Corp will hit the capital markets on Wednesday to raise ₹400 crore through an initial public offering. The company, promoted by Ajit Isaac and Thomas Cook (India), has fixed a price band of ₹310-317 a share with a face value of ₹10 each. The issue will close for subscription on July 1. Quess Corp intends to use funds towards incremental working capital, acquisitions and other strategic initiatives, debt repayment and other general purposes.
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