New Delhi, June 30 -- Sampark India Logistics IPO Day 1: The initial public offering (IPO) of Sampark India Logistics opened for subscription on June 30 and will remain open until July 2. The company has fixed the price band for the issue at Rs.80-84 per equity share.

The SME IPO aims to raise Rs.27 crore through a fresh issue of 0.22 crore equity shares. There is no offer-for-sale (OFS) component in the issue.

The basis of allotment is likely to be finalised on July 3. Shares are expected to be credited to the demat accounts of successful applicants on July 6, while refunds for unsuccessful bidders are also expected to be initiated on the same day. The company's shares are tentatively scheduled to list on the BSE SME platform on July 7...