Lights, camera, action: UFO raises $96m with top IPO pricing

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Lights, camera, action: UFO raises $96m with top IPO pricing

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Stefan Rajewski - Fotolia

Shareholders of UFO Moviez have added Rp6.125bn ($96m) to their coffers after the company’s IPO priced at the top of guidance, despite the deal seeing just a small oversubscription because of the recent battering suffered by the Indian stock index.

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