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Oil India IPO subscribed 31 times

Posted on: September 11th 2009 in Press Releases.

Mumbai: Oil India’s 2.6 crore shares’ initial public offering was subscribed 30.82 times on the last day on Thursday. The issue received bids for 81.5 crore shares, according to data with the National Stock Exchange. The price band for the issue was fixed at Rs 950-1,050. Th…

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