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Cox and Kings sets IPO price at 330 rupees/share

Sat Nov 28, 2009 12:47pm IST
 
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MUMBAI (Reuters) - Travel operator Cox and Kings (India) Ltd has fixed a price of 330 rupees ($7.07) a share for its initial public offering, a company statement said on Saturday.

The IPO, that closed on Nov 20, was subscribed 6.31 times, according to data on the National Stock Exchange.

It included a fresh offer for 15.45 million shares and an offer for sale of 3.04 million shares.

The statement did not say when the company would list and start public trading.

Cox and Kings India is the parent of UK-based unlisted Cox and Kings and accounts for nearly 66 percent of the group's global revenues.

(Reporting by Ruchira Singh)

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