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Wednesday 8 August 2007

(AFX UK Focus) 2007-08-08 14:49 GMT: Puravankara Projects IPO oversubscribed 1.91 times (Interactive Investor)

BANGALORE (Thomson Financial) - Indian real estate company Puravankara Projects Ltd's initial public offering was oversubscribed 1.91 times on the last day of its extended issue period, after it lowered its price band to 400-450 rupees per share, blaming volatile market conditions.
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