Thursday, April 29, 2010

Mandhana IPO subscribed 1.61 times on its day 2

Mandhana Industries Ltd IPO subscribed 1.61 times on its day 2. Mandhana Industries IPO was open on Apr 27, 2010 and will close on Apr 29, 2010 for subscription. Mandhana Industries has received bids for 1,14,78,400 shares as against issue size of 71,46,150 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 2.1364 Times

Non Institutional Investors: 3.6152 Times

Retail Individual Investors (RIIs): 0.1985 Times

Total: 1.61 Times

For more info about Mandhana Industries IPO visit: