Thursday, February 24, 2011

Acropetal IPO finally subscribed 1.28 times

Acropetal Technologies Ltd IPO finally subscribed 1.28 times on its closing day. Acropetal Technologies IPO was open on Feb 21, 2011 and closed today for subscription. Acropetal Technologies has received bids for 2,48,16,240 shares as against issue size of 1,93,18,181 shares.

Oversubscription Detail -

Qualified Institutional Buyers (QIBs): 1.12 Times

Non Institutional Investors: 2.00 Times

Retail Individual Investors (RIIs): 1.21 Times

Total: 1.28 Times

Click here to find detail about Acropetal Technologies Ltd IPO