Financial Daily from THE HINDU group of publications
Wednesday, Jun 22, 2005
Financial Daily from THE HINDU group of publications Wednesday, Jun 22, 2005 |
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Markets
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IPOs Money & Banking - IPOs Yes Bank IPO subscribed 26 times Our Bureau
Mumbai , June 21 YES Bank's initial public offering, which closed on Tuesday, was subscribed 26 times, according to the NSE Web site. A total of 186.34 crore bids were received against the issue size of 7 crore equity shares. A total of 16.52 crore bids were received at the upper end of the price band. The price band for the 100-per cent book-built issue was Rs 38-45. DSP Merill Lynch and Enam Financial Consultants are the book running lead managers to the issue.
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