Wednesday, December 9, 2009

JSW Energy Ltd IPO finally subscribed 1.68 times

JSW Energy Ltd IPO finally subscribed 1.68 times on its closing day. JSW Energy Limited IPO was open on December 07, 2009 and closed today for subscription. JSW Energy has received bids for 38,18,72,640 shares as against issue size of 22,75,60,415 shares. Retail quota of the issue subscribed 0.4040 times and QIB's subscribed 2.8846 times. Non Institutional category subscribed 0.1510 times.

CARE has assigned an IPO Grade 4 to JSW Energy Ltd IPO. This means as per CARE, company has above average fundamentals.



Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)1196319213450934802.8846
1(a)Foreign Institutional Investors (FIIs) 42271500 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 297135000 
1(c)Mutual Funds 5686980 
1(d)Others 0 
2Non Institutional Investors2698212440749000.1510
2(a)Corporates 708480 
2(b)Individuals (Other than RIIs) 2157840 
2(c)Others 1208580 
3Retail Individual Investors (RIIs)80946371327042600.4040
3(a)Cut Off 29900340 
3(b)Price Bids 2803920

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