Friday, March 25, 2011

Shilpi Cable Technologies IPO finally subscribed 3.48 times

Shilpi Cable Technologies Ltd IPO finally subscribed 3.48 times on its closing day. Shilpi Cable IPO was open on Mar 22, 2011 and closed today on Mar 25, 2011 for subscription. Shilpi Cable has received bids for 2,99,49,295 shares as against issue size of 85,96,492 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 1.04 Times

Non Institutional Investors: 6.39 Times

Retail Individual Investors (RIIs): 5.74 Times

Total: 3.48 Times

Click on the below link to find more detail about Shilpi Cable Technologies Ltd IPO: