Indian railways arm enjoys bumper IPO subscription in slowing economy
02 Oct Indian railways arm enjoys bumper IPO subscription in slowing economy
Posted at 12:59h
in
News
by KMFSLLP
State-run Indian Railway
Catering and Tourism Corp’s (IRCTC) initial public offering
(IPO) to raise 6.45 billion rupees ($90.89 million) was
subscribed nearly 112 times by the end of the book-running
process, stock exchange data showed.
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