Updated The firm had offered 26.66 million shares at 15 rupees each.
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Registrars to the issue, SSP Corporate Services (Private) Limited, said in a stock exchange filing they processed 21,000 applications for a total of 3.
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2 billion shares.
Issue managers NDB Investment Bank said in a statement the 120 times over-subscription was a new record for IPOs.
The IPO closed on the opening day, Wednesday, itself.
Singer Finance, a subsidiary of the Sri Lankan unit of the Singer multinational, will list a 25 percent stake of the firm on the main board of the Colombo bourse.
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