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IPO News

IPO for Wockhardt Hospitals Ltd has been extended by two days till February 7. The 25.1-million share issue has received no bids from institutional buyers, corporates or non-retail individual investors as on Monday, acc ording to the data on the NSE Web site.
The retail portion was subscribed 0.06 times. The healthcare services company, which had earlier set a price band of Rs 280-310 for the issue, lowered it to Rs 225-260 a share, a day before the issue opened on January 31, citing market conditions.
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