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12 Jul 07 Alpa Labs IPO open for subscription

The Alpa Labs IPO is now open for subscription. The Alpa labs IPO closes for subscription coming tuesday. The price band for the Alpa Labs IPO is Rs. 62 to 68 per share. Alpa Labs plans to use the proceeds of the IPO for expansion purposes. Alpa labs plans to double its production capacity. Expansion will be part financed by loans and from the proceeds from the IPO.


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