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Taiyo Feed Mill Limited has initiated its initial public offering (IPO) of up to 65,00,000 equity shares at a face value of ₹10 each, with the price to be determined. The offer includes a market maker reservation for 5,84,000 equity shares. The IPO will follow the book building process, with allocations divided among Qualified Institutional Buyers (QIBs), Non-Institutional Bidders, and Retail Individual Bidders. This move marks a significant step in the company's transition to a public entity, potentially enhancing its market visibility and access to capital. Investors are advised to consider the associated risks carefully, especially given the investment's speculative nature. A positive outlook is anticipated for the company as it leverages this capital raise to support its growth initiatives.