India: Auto parts maker Precision Camshafts IPO subscribed 1.89 times

India: Auto parts maker Precision Camshafts IPO subscribed 1.89 times

Photo: Mint

Precision Camshafts Ltd, the first initial public offering (IPO) of calendar year 2016, was fully subscribed by investors on the last day of the share sale, data available with the stock exchanges shows.

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