Friday, July 2, 2010

Technofab Engineering IPO finally subscribed 12.78 times,

Technofab Engineering Ltd IPO finally subscribed 12.78 times on its closing day. Technofab Engineering Ltd IPO was open on Jun 29, 2010 and closed today on Jul 02, 2010 for subscription. Technofab Engineering Ltd has received bids for 3,81,99,175 shares as against issue size of 29,90,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 4.28 Times

Non Institutional Investors: 48.85 Times

Retail Individual Investors (RIIs): 10.03 Times

Employee: 1.10 Times

Total: 12.78 Times

Click on the below link for detail bidding info: