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StanChart India public offer 24% covered by 1.05 pm

Posted on: May 28th 2010 in IPO Views.

The public portion of UK bank Standard Chartered’s sale of Indian depositary receipts was 24 per cent covered as of 1.05 pm (0735 GMT) on Friday, on the last day of book building in a deal that drew sluggish response on its first three days, exchange data showed. Of the 204 million…

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