Thursday, June 4, 2009

IPO News - Rishabhdev Technocable IPO subscribed 0.13 times on its first day

Rishabhdev Technocable IPO, opened today at June 4, 2009, subscribed 0.13 times on its first day. While there was absolutely no interest shown by QIB, NII quota is close to fully subscribe. Retail individual investors quota also remains unsubscribe. 

Oversubscription detail for Day 1:

Qualified Institutional Buyers (QIBs):  0.0000 Times

Non Institutional Investors:  0.8761 Times

Retail Individual Investors (RIIs): 0.0094 Times

Total:  0.1347 Times

Initial Public Offer of Rishabhdev Technocable Lts is closing for subscription on June 9, 2009.