Monday, July 19, 2010

Midfield Industries IPO subscribed 1.90 times on day 1,

Midfield Industries Ltd IPO subscribed 1.90 times on its day 1. Midfield Industries IPO opens today on Jul 19, 2010 and will close on Jul 21, 2010 for subscription. Midfield Industries has received bids for 85,43,650 shares as against issue size of 45,00,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.62 Times

Non Institutional Investors: 9.27 Times

Retail Individual Investors (RIIs): 0.56 Times

Total: 1.90 Times

Click on below link to find detail bidding info: