<ul><li>Nikita Papers sets the price band for its IPO at Rs 95-104 per share, aiming to raise around Rs 67.54 crore.</li><li>The IPO opens for subscription on May 27 and closes on May 29, with a minimum bid of 1,200 equity shares.</li><li>The company plans to utilize the proceeds for setting up a power plant, working capital needs, and general corporate purposes.</li><li>Nikita Papers, specializing in Kraft paper manufacturing, reported revenue of Rs 338.60 crore and a profit after tax of Rs 16.60 crore in FY24.</li></ul>

Nikita Papers IPO To Open On May 27; Sets Price Band At Rs 95 To Rs 104

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