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The initial public offer of IRB Infrastructure was subscribed 4.26 times at close of issue Tuesday.
As at 5 pm, the issue had received 21.75 crore bids, as against the 5.1 crore shares on offer. At the cut off price, 1.25 crore bids were received, data available on the NSE website showed.
The issue was priced Rs 185 to Rs 220 per share.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange.
The public offer of Tulsi Extrusions, which also closed today, was subscribed 2.06 times.
Till 5 pm, the company had received 1,17,67,350 bids against the 57,00,000 shares on offer. At the cut off price, 46,91,775 bids were received.
The IPO was priced Rs 80 to Rs 85 per share. Source : economictimes.indiatimes.com |
