Tuesday, May 3, 2011

Vaswani Industries IPO Closed with 6.82 times Over-subscription

Vaswani Industries Ltd IPO finally subscribed 6.82 times in total. Vaswani Industries IPO was open on Apr 29, 2011 and closed today for subscription. Vaswani Industries IPO received bids for 4,16,22,720 shares as against issue size of 1,00,00,000 shares.

Subscription Detail for Day 3 (Issue closing day)

Qualified Institutional Buyers (QIBs): 0.16 Times
Non Institutional Investors: 11.29 Times
Retail Individual Investors (RIIs): 6.82 Times

Total: 4.16 Times

Visit Vaswani Industries IPO page for more detailed bidding information and to discuss Vaswani IPO. Vaswani IPO Allotment and Vaswani IPO Listing date will be available soon.