Friday, February 25, 2011

Fineotex Chemical IPO finally subscribed 1.57 times

Fineotex Chemical Ltd IPO finally subscribed 1.57 times on its last day. Fineotex Chemical IPO was open on Feb 23, 2011 and closed today for subscription. Fineotex Chemical has received bids for 66,01,140 shares as against issue size of 42,11,160 shares.

Oversubscription Detail -

Qualified Institutional Buyers (QIBs): 0.00 Times

Non Institutional Investors: 0.22 Times

Retail Individual Investors (RIIs): 4.38 Times

Total: 1.57 Times

Click on the below link to find more detail about Fineotex Chemical Ltd IPO: