Thursday, March 29, 2012

MT Educare IPO finally subscribed 4.80 times

MT Educare IPO finally subscribed 4.80 times on its closing day. MT Educare IPO was open on March 27, 2012 and closed today on March 29, 2012 for subscription. MT Educare has received bids for 5,27,11,440 shares as against issue size of 1,09,91,815 shares.

Subscription Detail for Day 3 (Closing day)

Qualified Institutional Buyers (QIBs): 6.01 Times
Non Institutional Investors: 8.00 Times
Retail Individual Investors (RIIs): 2.17 Times

Total: 4.80 Times

Visit MT Educare Ltd IPO page for more detail.

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