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Kochi, March 12 Kochi-based V-Guard Industries Ltd, engaged in the manufacturing and marketing of electrical and electronic products, will list 80 lakh equity shares on the NSE and BSE on March 13, according to an official press release here. The company has fixed the issue price at Rs 82 per equity share.

The issue, which was a 100 per cent book built issue, was subscribed 2.70 times. It received an overwhelming response with the retail portion by 4.24 times and the HNI portion by 2.92 times, with more than 40,000 individual applications, but as a result of oversubscription only 24,000 applicants will get the shares, it said.

The Qualified Institutional Buyers’ portion has been oversubscribed by more than 1.74 times.

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