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February 10, 2008

SVEC Constructions Ltd IPO - Closing date postponed to 13 Feb

SVEC Constructions Ltd IPO that was supposed to close on 08 Feb, got bidding for only 24% of the offering thus falling well below the mandatory 90%.

Considering this the issue closing date is extended by 3 working days to 13 Feb.

 Also the Price Band is revised to Rs 80- Rs 90- from existing Rs 85-Rs 95-

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