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ICICI issue oversubscribed 2.7 times on Day One

Published on Tue, Jun 19, 2007 at 18:01 |  Source : Moneycontrol.com

Updated at Wed, Jun 20, 2007 at 11:36  

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ICICI issue oversubscribed 2.7 times on Day One

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On day one, the ICICI issue is oversubscribed 2.7 times, QIB - 5.6 times.

According to sources, Temasek has put in a USD 1 billion bid while Warburg Pincus has put in a USD 750 million bid.

Meanwhile, LIC and SBI have put in bids between USD 400 to 500 million, sources added.

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This information has not been provided to the stock exchanges, and is source-based.

  

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