Thursday, April 28, 2011

Servalakshmi Paper IPO subscribed 0.98 times on day 2

Servalakshmi Paper Ltd IPO subscribed 0.98 times on its day 2. Servalakshmi Paper IPO was open on Apr 27, 2011 and will close tomorrow on Apr 29, 2011 for subscription. Servalakshmi Paper has received bids for 2,18,68,600 shares as against issue size of 2,22,22,222 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.31 Times
Non Institutional Investors: 4.62 Times
Retail Individual Investors (RIIs): 0.39 Times

Total: 0.98 Times

Visit Servalakshmi Paper IPO page for more detail.