Friday, April 23, 2010

Nitesh Estates IPO subscribed 0.16 times on its day 1

Nitesh Estates Ltd IPO subscribed 0.16 times on its day 1. Nitesh Estates IPO opens today on Apr 23, 2010 and will close on Apr 27, 2010 for subscription. Nitesh Estates has received bids for 1,04,60,600 shares as against issue size of 6,41,51,800 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.3797 Times

Non Institutional Investors: 0.0051 Times

Retail Individual Investors (RIIs): 0.0109 Times

Total: 0.16 Times

For more info about Nitesh Estates Ltd IPO visit: