Euphoria Infotech India IPO opens today. The IPO closes on January 23, with a price band of Rs 96-100 per share. The company is offering 960,000 shares, and the shares were commanding a premium of Rs 40 in the grey market. The basis of allotment will be finalised on January 24, and the stock will be listed on January 29 on the BSE SME platform. The net proceeds from the IPO will be used for working capital and general corporate purposes.
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