Friday, April 29, 2011

Vaswani Industries IPO subscribed 0.95 times on day 1

Vaswani Industries Ltd IPO subscribed 0.95 times on its day 1. Vaswani Industries IPO opens today on Apr 29, 2011 and will close on May 03, 2011 for subscription. Vaswani Industries has received bids for 94,58,760 shares as against issue size of 1,00,00,000 shares. Issue received excellent response from Non Institutional Investors

Subscription Detail for Day 1:

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 6.08 Times
Retail Individual Investors (RIIs): 0.10 Times

Total: 0.95 Times

Visit Vaswani Industries IPO page for more detailed bidding information and to discuss Vaswani IPO.