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February 13, 2008

SVEC Constructions Ltd IPO - Withdrawn

Extension of closing date, lowering of price band, nothing worked and could garner only 0.25 times subscription. Hence the same is withdrawn one day before extended closing date. As per NSE site "Members are requested to note that the book building issue of SVEC CONSTRUCTIONS LIMITED which was scheduled to close on 13th Feb. 2008 has been withdrawn by the Lead Managers and now the Issue stands Close."

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