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Our Bureau

Mumbai June 14 The initial public offering of DLF Ltd was subscribed 3.45 times on the BSE and NSE at 6 p.m. Most bids were received at the lower end of the price band of Rs 500-Rs 550.

Over 60 crore bids were received against the issue size of 17.5 crore shares while 4,51,18,380 bids were received at the cut-off price.

The issue would constitute 10.27 per cent of the fully diluted post-issue capital of the company.

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