Indian Public Offering (IPO) of two Indian companies opens on Nov 9

IPOs of Archean Chemical Industries & Five Star Business Finance Ltd will remain open for subscription till Nov 11

Five Star Business Finance aims to raise ₹1,960.01 crores thought this offer

Price band of Five Star’s IPO is ₹450 to ₹474 per share

Archean’s IPO is in range of ₹386 to ₹407 per share for its initial share sale

At the upper price band, Archean Chemical is hoping to secure ₹1,462 crores

As many as 26 companies have launched IPOs to gather ₹48,000 crores this year