Clarification needed

[bvpraveen]

Hi all,

IPO Profile Sun TV Ltd 31/03/2006

Issue details

Bid/Issue opens: April 3, 2006
Bid/Issue closes: April 7, 2006
Issue Price: Rs 730-875 per equity shares of Rs 10 each
Minimum application : 8 equity shares and in multiples of 8 equity shares thereafter.
[source: from icicidirect.com]

Doubt: What does "Rs 730-875 per equity shares of Rs 10 each " mean?

Thanks,
Praveen.