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At the end of the second day of opening of Transwarranty Finance IPO, there has not been a single bid by QIBs in the issue so far.
HNI subscriptions stood at 42,960 shares.
Retail investors had subscribed to 35,760 shares, of which, 35,160 shares were at the cut-off price and 600 were price bids.
So far the IPO had received bids for 1,34,280 lakh shares, which is 0.02 times the total issue size of 60 lakh shares.
The price band was set between Rs 48 (floor price) and Rs 55 (ceiling). Issue closes on 2 February 2007.
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