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November 20, 2007
Edelweiss Capital IPO limited oversubscribed by 111 times on the final day
EDELWEISS CAPITAL LIMITED IPO which saw its closing date today totally subscribed by 110 times which is almost like 80 times on the last day , according to sources the institutional side is almost subscribed by 110 times and retail may be anywhere from 10 to 15 times , if its an approximate of 12 times on the retail side , then retailers can expect 1 lot of 12 share as a firm allotment . The good thing is the retail side dint subscribe like how it happened for Religare.
Total Issue Size 8386147
Total Bids Received 930559088
Total Bids Received at Cut-off Price 40312568
No. of times issue is subscribed 110.96
Posted by rupya at November 20, 2007 9:22 PM
edelweiss_capitalipoipo_oversubscription Stock Quote | Tags | edelweiss