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Power Grid FPO oversubscribed 1.08 times on Day 1

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  • Published On: November 09, 2010
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The government's disinvestment programme is on a roll. After the bumper listing of Coal India where over Rs. 15,000 crore were raised, the follow on offer of transmission company Power Grid Corp, has been subscribed fully right on the first day. The state-run transmission firm's FPO attracted bids for 90.53 crore shares.
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