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Wednesday, Jan 30, 2002

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Bids for Bharti IPO cross book size

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MUMBAI, Jan. 29

IN just two days, Bharti TeleVentures Ltd (BTVL) IPO has received bids for 18.552 crore shares, slightly more than the actual book size of 18.53 crore shares, according to sources close to merchant bankers.

They said there had been large participation from the global funds, including India-dedicated and sector funds. Most of the investors were from the Asian region, with some of the bids being received from European investors.

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