Monday, April 18, 2011

Muthoot Finance IPO subscribed 0.16 times on day 1

Muthoot Finance Ltd IPO subscribed 0.16 times on its day 1. Muthoot Finance IPO opens today on Apr 18, 2011 and will close on Apr 21, 2011 for subscription. Muthoot Finance has received bids for 71,00,520 shares as against issue size of 4,37,75,000 shares.

Over subscription detail for Day 1:

Qualified Institutional Buyers (QIBs): 0.26 Times

Non Institutional Investors: 0.02 Times

Retail Individual Investors (RIIs): 0.12 Times

Total: 0.16 Times

Click on the below link to find more detail bidding about Muthoot Finance IPO: