MOSCOW, April 28 (Reuters) - Russian forestry group Segezha debuted on the Moscow Exchange at around 8 roubles per share on Wednesday, matching its final IPO offer price and implying a market capitalisation of 125.5 billion roubles ($1.68 billion), the company said. The offering consists of 3,750,000,000 new shares, representing 31.4% of Segezha’s current share capital, the company said, with Segezha set to raise 30 billion roubles. Segezha, controlled by conglomerate Sistema, announced plans to hold an initial public offering earlier this month. Sistema will retain a 73.7% ownership stake, with a free float of 23.9% expected. The final offer price, set at 8 roubles per share, was towards the lower end of a target price range of 7.75-10.25 roubles per share, set last week. Russia is poised to see a surge of IPO activity this year, Swiss bank UBS said last month, after raising less than $2 billion in 2020 amid the fallout from the pandemic and sanctions fears. Retailer Fix Price has already raised $2 billion this year via Russia’s largest IPO since 2014, when the West imposed sanctions, and online retailer Ozon staged a successful Nasdaq debut late last year.