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Engro Polymer and Chemicals' IPO Gets Oversubscribed by 5.39 Times

The listing of the said shares took place today. Engro Polymers and Chemicals Limited aimed to raise Rs. 3 billion, through 300 million preference shares of the face value of Rs. 10 per share. Out of the 300 million preference shares, 262.5 million preference shares (87.5 percent) were offered to and subscribed by the Pre-IPO investors. Whereas 37.5 million preference shares (12.5 percent) were offered to the general public. ALSO READ The applications were received for subscriptions of more tha...
Farrukhh Khan Habib Bank Habib Metropolitan Bank Arif Habib Js Bank Chemicals Limited

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