Monday, February 9, 2009

Edserv Softsystems IPO final bidding Info

Edserv Softsystems Limited IPO fully subscribed on its closing day. Issue received 1.30 times bids for its IPO stocks. Retail quota of the issue subscribed 1.0223 times and QIB's subscribed 1.0776 times. Employees didn't show much interest and only subscribed 0.0390 times but Non Institutional category shows good interest and subscribed 3.1048 times.


Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)188695420333001.0776
1(a)Foreign Institutional Investors (FIIs) 2033300 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 
1(c)Mutual Funds 0 
1(d)Others 0 
2Non Institutional Investors56608617576003.1048
2(a)Corporates 1083300 
2(b)Individuals (Other than RIIs) 444700 
2(c)Others 229600 
3Retail Individual Investors (RIIs)132086813503001.0223
3(a)Cut Off 1309700 
3(b)Price Bids 40600 
4Employee Reservation20000078000.0390
4(a)Cut Off 0 
4(b)Price Bids 7800

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

Friday, February 6, 2009

Edserv Softsystems IPO remain unsubscribe on its day 2

Edserv Softsystems IPO remain unsubscribe on its second day for subscription. Only bid received are in Retail Individual Investors (RIIs) category for 11600 shares of total retail quota of 1320868 shares.

Edserv Softsystems IPO, a 100% Book Building Initial Public Offer is open for subscription on Feb 05, 2009 and closing on Feb 09, 2009.

CARE has assigned an IPO Grade 1 (Poor fundamentals) to Edserv Softsystems IPO.

Tuesday, February 3, 2009

Gemini Engi-Fab withdraws IPO

Hello Friends,

Book Running Lead Manager to the issue Almondz Global Securities Limited has informed the Exchange that the Book Building issue of Gemini Engi-Fab Limited withdraws IPO due to poor response. IPO which was scheduled from February 3,2009 to February 6,2009 now stands cancelled.

Click on below link for more detail:

Good Luck
Kris Team