Tuesday, October 7, 2008

Alkali Metals IPO remain unsubscribe on its first day

Alkali Metals IPO remain unsubscribe on its first day for subscription. Only bid received are in Retail Individual Investors (RIIs) category for 390 shares of total retail quota of 892500 shares.


Alkali Metals IPO, a 100% Book Building Initial Public Offer is open for subscription at this time and closing on Oct 10, 2008. No bids can be placed on 09 October 2008 because of Dasera holiday in stock markets across India.


ICRA has assigned an IPO Grade 2 (below average fundamentals) to AML IPO.

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