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The Times of India

Business

PTI

Avalon Technologies' IPO subscribed 2.21 times on last day of offer

Avalon Technologies Avalon IPO New Delhi NSE

NEW DELHI: The Initial Public Offer (IPO) of Avalon Technologies was subscribed 2.21 times on the last day of subscription on Thursday, helped by huge participation from institutional buyers.

The IPO received bids for 2.53 crore shares against 1.14 crore shares on offer, according to NSE data.

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