PNB Housing to price $450m IPO at the top

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PNB Housing to price $450m IPO at the top

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Filipe Frazao/gustavofrazao - Fotolia

PNB Housing Finance is set to price its Rp30bn ($450m) IPO in India at the top of the expected range after investors piled into the trade, allowing it to wrap up with books 30x covered.

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