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Our Bureau

Mumbai, Aug. 13 The initial public offering of Resurgere Mines and Minerals was subscribed a total of 1.16 times across the price band. The issue received bids for a total of 51.4 lakh shares against the 44.5 lakh shares on offer. The portion reserved for the QIB was subscribed a total of 1.34 times, the portion reserved for the Non-Institutional Investors was subscribed 2.41 times and the Retail Investors portion was subscribed 0.39 times.

On the last day of its initial public offering, Austral Coke was subscribed a total of 1.65 times across the price band. The issue received total bids for 1.19 crore against the 72.6 lakh shares on offer. The QIB portion was subscribed 0.62 times, the NII portion 7.31 times and the retail investors’ portion a total of 0.68 times.

More Stories on : IPOs | Mining & Quarrying

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