Wednesday, February 6, 2008

Emaar MGF Land Limited IPO extended till Feb 11

Hi Friends,

Emaar MGF Land Limited IPO subscribed 0.75 times till 17:00:00 IST.  As per Sebi regulations, the company has to receive a minimum subscription of 90% of the issue. So the IPO which was scheduled to close on 6th Feb. 2008, is now extended by 5 days and now the issue will close on 11th Feb. 2008.

Once again the price band for the issue has been changed from Rs. 540/- to Rs. 530/- at lower level & upper level will remains same. This is the second time when company is revising the price band. The first price band was Rs 610-690 which the company changed it to Rs 540-630. Click on the below link to to find more detail about Emaar MGF Land Ltd IPO:

Good Luck!