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When Biocon went public in 2004, what made the listing historically significant, and by how much was it oversubscribed?

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1. When Biocon went public in 2004, what made the listing historically significant, and by how much was it oversubscribed?

It was India’s first pharma-sector IPO ever, oversubscribed 10 times

It raised the largest IPO sum in Indian history, oversubscribed 5 times

It was the first IPO to list on both the BSE and NSE simultaneously, oversubscribed 15 times

It was the first Indian biotech company to go public, oversubscribed 33 times

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