Tuesday, December 1, 2009

MBL Infrastructures IPO fully subscribed on it's closing day

MBL Infrastructures Ltd IPO fully subscribed on it's closing day. MBL Infrastructures received bids for 95,77,750 shares against issue size of 48,60,000 shares. The issue of MBL was open on November 27, 2009, and closes today for subscription on December 01, 2009.

ICRA has assigned an IPO Grade 2 to MBL Infrastructures Ltd IPO. This means as per ICRA, company has below average fundamentals.

 MBL infrastructures Limited - Bid details

Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)196000065647053.3493
1(a)Foreign Institutional Investors (FIIs)1352225
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)0
1(c)Mutual Funds5212480
2Non Institutional Investors84000022225702.6459
2(b)Individuals (Other than RIIs)884765
3Retail Individual Investors (RIIs)19600007767200.3963
3(a)Cut Off711690
3(b)Price Bids65030
4Employee Reservation100000137550.1376
4(a)Cut Off2730
4(b)Price Bids11025

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