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July 24, 2007

Central Bank of India IPO oversubscribed fully in 2 hrs of opening

Central Bank of india which opened for subscription today got fully subscribed infact around 2 times , the reason might be Bank stocks are all doing good now and also the IPO price is less compared to Big Infra IPO that are opened now .
Subscription Details.
Total Issue Size 80000000
Total Bids Received 136145520
Total Bids Received at Cut-off Price 150840
No. of times issue is subscribed 1.70

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Posted by rupya at July 24, 2007 1:44 PM