Friday, September 18, 2009

Pipavav Shipyard Ltd IPO finally subscribed 8.25 times.

Pipavav Shipyard Ltd IPO fully subscribed on its closing day. Pipavav Shipyard has received bids for 57,87,11,540 shares as against issue size of 7,01,77,275 shares. Retail quota of the issue subscribed 2.8958 times. QIB's shows good interest and subscribed 10.6300 times. Non Institutional category subscribed 14.8152 times and Employees subscribed 0.7768 times.


Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)3563718537882449010.6300
1(a)Foreign Institutional Investors (FIIs) 95407180 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 210747790 
1(c)Mutual Funds 71002910 
1(d)Others 1666610 
2Non Institutional Investors848502212570723014.8152
2(a)Corporates 88722260 
2(b)Individuals (Other than RIIs) 36749240 
2(c)Others 235730 
3Retail Individual Investors (RIIs)25455068737137502.8958
3(a)Cut Off 66062590 
3(b)Price Bids 7651160 
4Employee Reservation6000004660700.7768
4(a)Cut Off 26180 
4(b)Price Bids 439890

Pipavav Shipyard IPO Allotment Status can be seen in next few days. Click on the below link to find more detail about Pipavav Shipyard Limited IPO including Pipavav Shipyard IPO Allotment Status, Pipavav IPO Listing Date and Pipavav Shipyard Ltd IPO grey Market Premiums: