Thursday, April 26, 2012

Tribhovandas Bhimji Zaveri IPO subscribed 1.15 times

Tribhovandas Bhimji Zaveri Ltd IPO subscribed 1.15 times on it final day. Issue failed to attract retail investors and remain unsubscribe in retail category. Public issue of TBZ was opened on April 24, 2012 and closed today for subscription.

Category wise subscription figures:

Qualified Institutional Buyers (QIBs) - 1.29 times
Non Institutional Investors - 1.91 times
Retail Individual Investors (RIIs) - 0.68 times

Total: 1.15 times subscribed

Maximum bids received are on lower side of the price band (Rs 120). Visit to discuss  Bhimji Zaveri  IPO.