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Monday, August 1, 2011

L&T Finance Holding Co.declares the IPO issue price at Rs. 52 per share

L&T  fiance holding co.limited declared the issue price of its IPO of Rs. 52 against the  price band of Rs 51-59.
Despite the 5.31 times subscription ,company has fixed the issue price near lower band seeking long term relationship with  investors.
I had advised my blog readers to bid at cut-off price to secure the shares at best-possible price.

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