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Saturday, December 15, 2012

Bharti Infratel Limited IPO was finally subscribed 1.30 times despite a rather subdued response from investors. The IPO had received bids for 20,84,92,050 Equity Shares as against 16,05,65,000 Equity Shares offered

The shares were offered in a price band of Rs.210/- to Rs.240/- per equity share with a discount of Rs.10/- per share for Retail Individual Investors and Eligible Employees on the Final Issue Price. Despite this incentive, the Retail Investors were aloof from the issue with the category getting subscribed a relatively tiny 19 percent. The following is the final subscription status of the IPO:


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