Friday, January 29, 2010

Vascon Engineers Ltd IPO finally subscribed 1.22 times,

Vascon Engineers Ltd IPO finally subscribed 1.22 times on its closing day. Vascon Engineers IPO was open on January 27, 2010 and closes today for subscription. Vascon Engineers has received bids for 1,31,41,695 shares as against issue size of 1,08,00,000 shares.


Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)642000071970851.1210
1(a)Foreign Institutional Investors (FIIs) 1259895 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 2787960 
1(c)Mutual Funds 3143805 
1(d)Others 5425 
2Non Institutional Investors107000039010303.6458
2(a)Corporates 2133985 
2(b)Individuals (Other than RIIs) 1709925 
2(c)Others 57120 
3Retail Individual Investors (RIIs)321000019900650.6200
3(a)Cut Off 1744015 
3(b)Price Bids 246050 
4Employee Reservation100000535150.5352
4(a)Cut Off 46375 
4(b)Price Bids 7140

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