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Motilal Oswal's IPO subscribed 27 times
Friday, August 24, 2007 www.indiainfoline.com
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Stock market
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Motilal Oswal Financial Services Ltd.'s initial Public Offering (IPO) was subscribed more than 27 times. According to the NSE, the company had received bids for 81.53mn shares against the issue size of 2.98mn shares. The price band for the IPO which opened on August 20 was fixed at Rs725 to Rs825 per share.
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