Indian Television Network IPO Oversubscribed

30 April 2004

Bids for a stake in New Delhi Television have exceeded the number of shares on offer by a multiple of seventeen.

The latest tranche of shares to go on sale attracted across the board investment according to the Mumbai Stock Exchange.

The initial public offering on 21 April was oversubscribed within 15 minutes.

Data sourced from: The Times of India; additional content by WARC staff