Wednesday, January 26, 2000
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IOB plans initial public offering
JANUARY 25: IOB is planning its initial public offer in March 2000. "The bank has decided to issue 11.12 crore shares with a face value of Rs 10 each. The size of the issue will be Rs 111.20 crore," said a bank release issued recently. "The issue is proposed to be at par with a view to enhance investor's future wealth," it said.
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