Financial Daily from THE HINDU group of publications
Monday, Mar 29, 2004
Financial Daily from THE HINDU group of publications Monday, Mar 29, 2004 |
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IPOs Info-Tech - IPOs Data Access postpones IPO Our Bureau
New Delhi , March 28 DATA Access (India) Ltd has postponed its IPO, involving 5-crore equity shares of Rs 10 each (face value) at a price band of Rs 17-20 through the book-building route. The IPO was slated to open on March 29. The Managing Director, Mr Siddhartha Ray, said here today that the company, which is the country's second largest provider of international long distance services (ILD), "will not be able to proceed with the public issue", in the wake of the Securities Exchange Board of India (SEBI) seeking certain clarifications.
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