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Chennai, Nov 20 The Edelweiss public issue has been subscribed 111 times, sources in the know say. The financial services company offered 83.86 lakh shares. The subscription at the cut-off price of Rs 825 was for 3.97 crore shares.

The ‘non-institutional investors’ segment, for whom 8.18 lakh shares were allotted, saw applications for 154 times the number of shares allotted. Similarly, the retail portion (24.54 lakh shares) was subscribed 20 times.

‘Qualified Institutional Bidders’ (49.08 lakh shares) was subscribed 145 times and ‘employees’ (2.04 lakh shares), 10 times.

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