Friday, July 17, 2009

Excel Infoways Ltd IPO final bidding Info

Excel Infoways Ltd IPO final bidding Info

Excel Infoways Ltd IPO fully subscribed on its closing day. Excel Infoways has received bids for 1,11,42,480 shares as against issue size of 56,67,000 shares. Retail quota of the issue subscribed 2.6438 times and QIB's subscribed 0.4896 times. Non Institutional category shows good interest and subscribed 5.3072 times.

Excel Infoways Ltd - Bid details


Sr.No. No.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)283350013872000.4896
1(a)Foreign Institutional Investors (FIIs) 1387200 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 
1(c)Mutual Funds 0 
1(d)Others 0 
2Non Institutional Investors85005045113605.3072
2(a)Corporates 1342320 
2(b)Individuals (Other than RIIs) 2770960 
2(c)Others 398080 
3Retail Individual Investors (RIIs)198345052437602.6438
3(a)Cut Off 4806640 
3(b)Price Bids 437120

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