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MUMBAI: Suzlon IPO has received bids of more than 28 times of the issue size.

The IPO received bids for 82.76-crore shares compared to the issue size of 2.93 crore.

The retail portion of the issue has also been fully subscribed according to the NSE Web site. QIB portion has been sold 48 times to the number of shares allocated in this category. The issue closes on Thursday.

(This article was published in the Business Line print edition dated September 29, 2005)
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