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Pipavav Shipyard IPO fully subscribed in first hour

Posted on: September 16th 2009 in Stock News.

The initial public offer (IPO) of the private sector shipbuilder, Pipavav Shipyard, today got fully subscribed in the very first hour of its first day of subscription.Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids for 76.33 million…

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