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Investors with a high-risk appetite and a two-three year investment horizon can consider investing in the initial public offering of Shriram EPC (SEPC). However, we would be more comfortable if the offer is priced at the lower end of the price band. Given the company’s wide-spread exposure to businesses such as renewable energy, process & metallurgy and municipal services, SEPC appears well set to leverage on the strong demand for both its product as well as service offerings.

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