Monday, May 3, 2010

SJVN Ltd IPO finally subscribed 6.64 times,

Satluj Jal Vidyut Nigam Ltd (SJVNL) IPO finally subscribed 6.64 times on its closing day. SJVN Ltd IPO was open on Apr 29, 2010 and closed today on May 03, 2010 for subscription. SJVN has received bids for 2,75,45,24,000 shares as against issue size of 41,50,00,000 shares.

SJVN 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)24699000022294457509.0265
1(a)Foreign Institutional Investors (FIIs) 365934250 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 1293563250 
1(c)Mutual Funds 559962500 
1(d)Others 9985750 
2Non Institutional Investors411650001394370003.3873
2(a)Corporates 108659750 
2(b)Individuals (Other than RIIs) 24369750 
2(c)Others 6407500 
3Retail Individual Investors (RIIs)1234950003848162503.1160
3(a)Cut Off 325697750 
3(b)Price Bids 59118500 
4Employee Reservation33500008250000.2463
4(a)Cut Off 804250 
4(b)Price Bids 20750

For more info about Satluj Jal Vidyut Nigam Ltd IPO visit: