Friday, April 29, 2011

Innoventive Industries IPO finally subscribed 1.24 times

Innoventive Industries Ltd IPO subscribed 0.87 times on its final day. Innoventive Industries IPO was open on Apr 26, 2011 and was closed today for subscription. Innoventive Industries has received bids for 2,31,85,400 shares as against issue size of 1,87,67,521 shares. The public issue fully subscribed in retail and NII categories.

Final Over-subscription Detail:

Qualified Institutional Buyers (QIBs): 0.85 Times
Non Institutional Investors: 1.94 Times
Retail Individual Investors (RIIs): 1.48 Times

Total: 1.24 Times

Visit Innoventive Industries IPO page for more detail. The Innoventive Industries IPO listing date will be available soon.

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