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Mumbai, Dec. 13 Brigade Enterprises Ltd, on the last day of the issue, was subscribed a total of 13.05 times across the price band. The QIB portion was subscribed 18.3 times, the HNI portion was subscribed 4.9 times and the retail investors portion was subscribed 5.6 times.

The primary objective of the issue was to fuel the future growth plans of the company by acquiring land, meeting construction and development costs in relation to the company’s ongoing and forthcoming real estate projects and other general corporate purposes.

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