Thursday, February 7, 2008

Wockhardt Hospitals withdraws IPO

Hi Friends,

As per CNBC-TV18, Wockhardt Hospitals withdraws IPO due to poor response. It plans to refund the IPO money in 15 days.

Wockhardt Hospitals Ltd IPO closed today and oversubscribed by 0.20 times. Non Institutional category oversubscribed around 0.0482 times while Qualified Institutional Buyers (QIBs) quota oversubscribed around 0.0644 times.

Retail Individual Investors (RIIs) category oversubscribed 0.5192 times and Employees category oversubscribed 0.0124 times.