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The initial public offer of GNG Electronics, India's largest refurbisher of laptops and desktops, was almost fully subscribed within hours of opening the issue on Wednesday, July 23. The issue got subscribed to 80 per cent so far against the offer.
At the last count (10:50 am), the IPO received bids for 1,21,52,448 shares against 1,41,88,644 shares on offer, according to the BSE.
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