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Adani FPO fully subscribed as demand jumps on last day
160 views | Jan 31, 2023, 03:41:05 PM | Times Now
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The Adani FPO was fully subscribed on the last day of bidding as demand jumps. Investors had placed orders for about 80% of the total shares on sale in the follow-on offering by Adani Enterprises Ltd. Adani Group’s $2.5 billion share sale came after the company was rocked by allegations of fraud by short seller Hindenburg Research.
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