OREANDA-NEWS. Synergy Co. announced that the price range for its upcoming IPO will be $61-72 per share. The company hopes to raise $166-196 mln. With a post-IPO free float of 19%, this would place the company's market cap at $874-1,031 mln, believe Alfa Capital research department experts.

The company had sales of $336 mln in FY06, and according to Rosstat produced 4.78 mln deciliters of alcohol last year, representing an estimated market share in Russia of 5.58%.