Friday, April 29, 2011

Servalakshmi Paper IPO subscribed 1.47 times

Servalakshmi Paper Ltd IPO subscribed 1.47 times on its last day. Servalakshmi Paper IPO was open on Apr 27, 2011 and was closed today for subscription. Servalakshmi Paper has received bids for 3,26,03,000 shares as against issue size of 2,22,22,222 shares. The public issue remains unsubscribed in retail and QIB categories. The full allotment is expected for inventors in these categories.

Final Over-subscription Detail:

Qualified Institutional Buyers (QIBs): 0.34 Times
Non Institutional Investors: 4.21 Times
Retail Individual Investors (RIIs): 1.90 Times

Total: 1.47 Times

Visit Servalakshmi Paper IPO page for more detail. The Servalakshmi Paper IPO listing date will be available soon.