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Sunday, July 27, 2008

Triveni Bikas Bank's IPO oversubscribed

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Triveni Bikash Bank Ltd. issued its Initial public offering on 17th July, 2008. 150000 shares worth Rs. 15 million were offered. However 12600000 number of share applications worth Rs. 1.26 billion were received. Hence, the IPO of Triveni was oversubscribed by 84 times.

1 comment:

  1. Dr. Yogendra P. Paneru March 9, 2010 at 12:28 AM

    Can anyone tell me why the TBBL's share rate is down these days? What could be the major factors of that? Last year shares' rate was NRS 750 per NRS 100 share but this week is about NRS 340 per NRS 100 share.

    Your response in this regard will be highly appreciated.

    Thank you

    Yogendra

    ReplyDelete

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