04.02.2010 - India DB Realty $325 mln IPO subscribed 3 times
From Reuters: Indian developer DB Realty Ltd's $325 million initial public offer was covered nearly 3 times by its close on Tuesday, with strong demand from institutions compensating for a lack of interest from retail investors. The IPO was subscribed 2.95 times the shares on offer by 530 p.m. (1200 GMT), National Stock Exchange data showed. Most bids were at the lower end of the 468 to 486 rupees price band...........................................Full Article: Source
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