Bharti Infratel's Rs. 4,500 crore IPO subscribed 15 percent on Day 1 1

The Rs. 4,500-crore Bharti Infratel IPO, tipped as the second biggest public issue in two years, was subscribed 15 percent on the first day of the offer on Tuesday.The telecom tower company's initial public offer (IPO) attracted bids for 2.45 crore shares against 18.89 crore equity shares on offer, according to stock exchanges data till 1700 hrs.

Bharti Infratel looking at acquisition opportunities

Telecommunications tower company Bharti Infratel, whose Rs. 4500-crore IPO is opening on December 11, on Friday said it is looking at acquisition opportunities in India and overseas.