Friday, May 28, 2010

Standard Chartered IDRs finally subscribed 2.20 times,

Standard Chartered PLC IDRs finally subscribed 2.20 times on its closing day. Standard Chartered IDRs was open on May 25, 2010 and closed on May 28, 2010 for subscription. Standard Chartered has received bids for 44,97,05,000 shares as against issue size of 20,40,00,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 4.1476 Times

Non Institutional Investors: 1.9016 Times

Retail Individual Investors (RIIs): 0.2529 Times

Employee: 0.1979 Times

Total: 2.20 Times

Click on the below link for detail info about Standard Chartered PLC IDRs