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Maiden Prayagraj Municipal Bond Oversubscribed 4.4 Times
Hindustan Times West UP
|May 02, 2025
The Hospital, to Come Up in Naini at a Cost of ₹76.54 Crore, Is Expected to Cater to Over 1.5 Million Residents of Prayagraj
LUCKNOW: The maiden municipal bond issued by Prayagraj Municipal Corporation has been oversubscribed 4.4 times as it received bids worth ₹221 crore against the offer size of ₹50 crore, a senior official in the state government said.
He credited the success to the organisation of the Mahakumbh which was organised in the state earlier this year.
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