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Engineers India Limited (EIL) OFS getting oversubscribed 2.54 times

News and Press Release - Dated:- 30-1-2016 - The first CPSE disinvestment of the last quarter of the fiscal year 2015-16 got off to a thumping start today with the . On offer was 10% paid up capital of the company comprising 33, 69, 36,600 shares, ea .....

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investors on price bid. With this disinvestment, the GOI share in EIL will come down to 59.37%. At the end of the day with total subscription of ₹ 1641.52 crores the issue stood oversubscribed by 2.54 times. The investor enthusiasm for the issu .....

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