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MOIL IPO oversubscribed by 2.37 times

Posted on: November 29th 2010 in IPO Views.

The initial public offer (IPO) of state-run manganese producer MOIL was over-subscribed 2.37 times by the end of Day 2 of the issue on Monday, generating total demand for bids worth Rs. 2,979 crore. The initial public offer (IPO) of the manganese ore giant has so far attracted bids worth…

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