Tata Consultancy Service's initial public offer has been over-subscribed by 1.08 times.
The 100 per cent book-built issue received bids for 1.08 times the issue size, investment banking sources said in Mumbai on Friday.
Bidding for the IPO for 5.54 crore (55.4 million) equity shares opened on Thursday. The price band for bidding is Rs 775-900 per share.
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