Weather Radisson over-subscribed
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ISSUE #4 (09 AUG 2000 - 15 AUG 2000)
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Shares of Oriental Hotels Limited (authorised capital Rs 500 million)?managed by Radisson International?was oversubscribed by at least seven times within a week of going public with 125 million equity shares. By the end of the week of 25 July, there were over 75,000 applicants for the shares worth about Rs 860 million.
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