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The initial public offer, which opened for subscription on November 26, attracted bids for 189.13 crore shares, though only 3.36 crore equities are up for grabs.

Besides, 1:1 bonus issue (one share for every share held) will also be considered as a prelude to the company's follow-on public slated in March 2011.
The offer of the manganese ore major got subscribed 5.22 times till 12 pm, attracting total bids of 17.5 crore equity shares, compared to 3.36 crore shares on offer.
OIL posted a net profit of Rs 916.03 crore in July-September quarter, against Rs 722.56 crore in the same period a year ago, the company said in a statement here.
The FPO, through which the government is looking to garner Rs 7,600 crore, has received bids for 898.4 crore shares, against 84.17 crore shares on offer.
The company director refused to share the name of the Singapore-based bank it has tied up with for the funding, but said the amount is for a seven-year period.
According to the data available on the National Stock Exchange's website, the company's IPO received bids for 3.69 crore shares, against 3.36 crore equities on offer.