Air Link to raise Rs6.43b in biggest private sector IPO ...palestine

Air Link Communication Ltd, a cell phone distributor in Pakistan, is all set to raise Rs6.43 billion as the two-day book-building of its Initial Public Offer (IPO) ended. jwplayer("jwp-outstream-unit").setup({}); The company had put its 90 million shares up for sale at a floor price of Rs65. The initial share price was decided at Rs71.5. This is called strike price.        The IPO was oversubscribed by 1.64 times – the company received a demand for 147.7 million shares against its 90 million offered. The top bidders will be entertained. Air Link has been one of the top distributors of mobile phones in the country distributing iPhone, Huawei, Sams

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