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Cambridge Technology issue oversubscribed

Our Bureau

Hyderabad , Jan. 17

Cambridge Technology Enterprises Ltd (CTEL), which went public to raise funds, has announced that its issue that closed on January 9 was subscribed by over 6 times.

The company offered 63.15-lakh equity shares of Rs 10 each at a premium of Rs 38 to raise Rs 24 crore, according to a company statement.

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