Friday, July 6, 2012

VKS Projects IPO fully subscribed on its closing day

VKS Projects Ltd IPO is fully subscribed on its closing day. VKS Projects IPO was open on June 29, 2012 and closed today on July 04, 2012 for subscription. VKS Projects has received bids for 1,02,99,800 shares as against issue size of 1,00,00,000 shares.

Subscription detail for day 4 (Closing Day)

Qualified Institutional Buyers (QIBs): 1.15 Times
Non Institutional Investors: 0.38 Times
Retail Individual Investors (RIIs): 1.13 Times

Total: 1.03 Times

Full allotment is expected for all the applicants in retail category as issue subscribed 1.13 times in RII category. Visit for VKS Projects Ltd’s Allotment Status, Listing Date and Grey Market Premiums.