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Azad Engineering share price: The IPO of Azad Engineering received a good response from investors with 80.6 times subscription at close. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times. The retail part received 23.7 times bids. The issue was a fresh equity of Rs 240 crore and an offer for sale (OFS) of Rs 500 crore.

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