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Our Bureau

Mumbai, July 25 The initial public offerings of Omnitech Infosolutions and Zylog Systems have received good response in the markets and have been subscribed by 61.84 times and 76.45 times respectively.

Bids were received across the price band of Rs 90-105 for Omnitech. The company had offered equity shares aggregating Rs 35 crore. Around 24.04 crore bids were received on both the NSE and BSE. UTI Bank Ltd is the book running lead manager to the issue.

The IPO of Zylog received bids across the price band of Rs 330-350. A total of 27.52 crore bids were received on the bourses against the issue size of 36 lakh equity shares. Motilal Oswal Investment Advisors is the book running lead manager to the issue.

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