Wednesday, March 11, 2015

Adlabs IPO subscribed 0.18 times on day 2

Adlabs Entertainment IPO subscribed 0.18 times on day 2. Adlabs has received bids for 32,01,965 shares as against issue size of 1,76,04,092 shares. Issue will close tomorrow for subscription. Retail investors will get discount of Rs. 12. Adlabs Entertainment IPO shares are proposed to be listed on the BSE and NSE.

Subscription Detail

Qualified Institutional Buyers (QIBs): 0.18 times
Non Institutional Investors (NII): 0.09 times
Retail Individual Investors (RIIs): 0.35 times

Total: 0.18 times