Financial Daily from THE HINDU group of publications
Sunday, Dec 28, 2003
Financial Daily from THE HINDU group of publications Sunday, Dec 28, 2003 |
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IPOs Markets - IPOs TV Today IPO oversubscribed 14.5 times Our Bureau
Mumbai , Dec. 27 IN the midst of the rush for new issues, the initial public offer (IPO) of TV Today Network received good response with the issue being oversubscribed 14.5 times. The IPO was for 1.45 crore shares through book-building process with a price band of Rs 80-95 per share. Out of the total bids received, the maximum bids were at Rs 95 for 16.91 crore shares compared to the total bids of 21.08 crore shares. This year the primary market has seen the revived interest. Some of the IPOs that received good response this year include Divi's Laboratories, Maruti Udyog, Indraprashta Gas, UCO Bank, Vijaya Bank.
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