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Brigade Enterprise IPO Allotment status

Brigade Enterprise IPO Allotment status is ready and can be checked here.


Brigade Enterprise IPO oversubscribed by 13 times

Brigade Enterprise IPO oversubscribed by 13 times on the closing day think most of the fund has gone in BVR and TRIL this had got very minimum subscription compared to other IPO’s.Retail got subscribed by 5.6 times.
Total Issue Size 16624720
Total Bids Received 217257872
Total Bids Received at Cut-off Price 26304512
No. of times issue is subscribed 13.07
Subdivision
1 Qualified Institutional Buyers (QIBs) 9914832 181303536 18.2861
2 Non Institutional Investors 1652472 8074192 4.8861
3 Retail Individual Investors (RIIs) 4957416 27734480 5.5945
4 Employee Reservation 100000 145664 1.4566


Brigade enterprise limited subscribed by 2 times on last but one day , as two big ipo’s closed today much interest was not there in brugade but im sure tomorrow it will close with a huge gap may be 50 times or so.


Brigade Enterprise IPO subscribed by .77 times on the first day , the ipo open today for subscription and its closing on december 13th itself , not sure how many times it will get subscribed and the closing day is 3 more days and most of the fund woul have gone to BGR and TRIL IPO it will be intresting to see this ipo’s subscription.
Total Issue Size 16624720
Total Bids Received 12784864
Total Bids Received at Cut-off Price 59072
No. of times issue is subscribed 0.77


Symbol - Series BEL EQ
Issue Period December 10, 2007 to December 13, 2007
Issue Size 16624720 Equity Shares (Excluding Green Shoe Option of 2493708 Equity Shares)
Issue Type 100% Book Building
Face Value Rs.10/-
Price Range Rs 351 to Rs 390
Tick Size Re. 1/-
Market Lot 16 shares
Minimum Order Quantity 16 shares
Maximum Subscription Amount for Retail Investor Rs.100000


About Brigade Enterprises
Brigade Enterprises, one of the leading real estate development companies based in Bangalore, is coming out with an initial public offering (IPO) of 16,624,720 equity shares of face value of Rs 10 each.
Issue Details
The issue price band has been fixed at Rs 351-390 per equity share and company wants to raise Rs 583.53 crore and Rs 648.36 crore, at respective prices.


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