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Oil India $570 m IPO oversubscribed on first day

Posted on: September 8th 2009 in Press Releases.

State explorer Oil India’s $570 million IPO was subscribed nearly 1.3 times on Monday, signalling investor appetite had not waned in the wake of a muted stock market debut for two recent big Indian listings. ‘Oil India IPO subscribed in 30 minutes’ Solid demand for Oi…

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OIL confident of good IPO show

Posted on: September 3rd 2009 in Press Releases.

Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the…

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