Wednesday, October 15, 2008

Alkali Metals IPO final bidding Info

Alkali Metals Limited IPO fully subscribed on its extended closing day. Issue received 1.04 times bids for its IPO stocks. Retail quota of the issue remains unsubscribed and received bid for 63% of the shares allocated in this category. QIB's also didn't show much interest and subscribed only for 72% of there allocated quota. Non Institutional category subscribed 3 times.

Alkali IPO bidding information in detail:

Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs) 12750009126650.7158
1(a)Foreign Institutional Investors (FIIs) 912665 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 
1(c)Mutual Funds 0 
1(d)Others 0 
2Non Institutional Investors38250011836503.0945
2(a)Corporates 694070 
2(b)Individuals (Other than RIIs) 427245 
2(c)Others 62335 
3Retail Individual Investors (RIIs)8925005582200.6255
3(a)Cut Off 527930 
3(b)Price Bids 30290

 Click on the below link to find more info about Alkali IPO including Alkali Metals IPO Allotment Status, Alkali IPO Listing Date and Alkali Metals IPO grey Market Premiums: