Bharti IPO gets 100% subscription
New Delhi: Subscriptions for the Bharti Tele-Ventures public issue crossed the 100 per cent mark a day after its initial public offer opened to public. A total of 18.53 crore equity shares are on offer amounting to 10 per cent of the companys equity.

According to lead manager DSP Merrill Lynch, most of the applications had been received in Rs 47-48 price bracket. The final price of the issue is expected to be fixed just under Rs 50 unless there is a major surge in demand at higher price bands in the coming days. The IPO closes on 2 February.
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