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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)
SIFY 11.31-1.0%3:59 PM EST

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To: Vijay Raghavan who wrote (33)10/19/1999 12:17:00 PM
From: Mohan Marette  Read Replies (1) of 1471
 
Company news release -SIFY ADS oversubscribed by 27x

...Satyam Infoway's ADS issue, with an order book of around $2.0 billion was oversubscribed approximately 27 times, making it the largest ever over-subscription for any Indian ADR/GDR offering. The original offer price was in the $12-14 range, which was later raised to the present level...

news.satyamonline.com
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