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Speciality Restaurants IPO subscribed 2% on second day
Google and Facebook have the same number of users. However, Google's net profit and revenue is 10 times that Facebook. Yet, at over $ 100bn, the stock market is giving a market value to Facebook that is only half of Google.
18 May 2012, 11:26 AM IST 
German finance minister Wolfgang Schaeuble
The initial public offer (IPO) of Speciality Restaurants Ltd continued to receive lukewarm response on the second day of the issue on Thursday as it got subscribed by a mere two per cent. The IPO attracted bids for 2.23 lakh shares against 99.78 lakh shares on offer till 1700 hours. Speciality Restaurants has fixed the price band for the initial share sale of about 1.17 crore shares at Rs 146-155 apiece that would garner up to Rs 182...
