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State-run Engineers India Ltd's up to $211 million follow-on share sale was subscribed 1.6 times by Thursday afternoon, exchange data showed.The offering to sell about 34 million shares, resulting in 10 percent divestment of the government's holding, was launched on Tuesday and ends on Friday.Most bids were at the lower end of the 270-290 rupees price band, the data showed.ICICI Securities, HSBC Securities, IDFC Capital and SBI Capital are the bookrunners for the issue.(Reporting by Sumeet Chatterjee; Editing by Ranjit Gangadharan)(For more business news on Reuters India click http://in.reuters.com)
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