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XL Telecom lists below offer Price

December 28, 2006

The IPO of XL Telecom was priced at Rs 150 and the stock closed on the listing day at Rs 135 a 10% discount to the offer price.

The company’s post-issue share capital is Rs 14.5 crores and promoters stake is 62.37%. The company reported a net profit of Rs 10.67 crores on net sales of Rs 396 crores.

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