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The initial public offer of Capital Small Finance Bank will open on February 7 and close on February 9. The company has fixed a price band of ₹445-468 per equity share. Bids can be made for a minimum of 32 equity shares and in multiples of the same. The IPO comprises a fresh issue of ₹450 crore, and an offer for sale of 15.6 million shares. The bank proposes to utilize the fresh issue proceeds to augment its Tier-I capital base, to meet its future capital requirements.
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