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Satluj Jal Vidyut Nigam IPO subscribed 6.5 times

Posted on: May 3rd 2010 in IPO Views.

SJVNL, which is planning to raise about Rs12bn via the IPO, has fixed a price band of Rs23-26 per share. The IPO of Satluj Jal Vidyut Nigam Ltd. (SJVNL) was subscribed 6.48 times as of 5:00 pm today, the last day for subscription, according to the NSE web site. The public sector hydro-p…

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