कैसे होती है IPO में Shares की Allotment - IPO Allotment Process
Oberoi Realty Ltd. Oversubscribed 12 TimesOberoi Realty Ltd., a Realty Company, predominantly engaged in developing residential projects in Mumbai has received tremendous response to its Initial Public Offering(IPO) of shares to the Indian Public.
The company is backed by Morgan Stanley and offered 32.4 million shares against which the company received an overwhelming response at 12 times the issue size, bids for 393.5 million shares.
Coal India IPO fully subscribed on third dayOn the strength of good response the Initial Public Offer (IPO) of Coal India IPO has been has been fully subscribed on October 19, 2010 the second day of the issue as per authoritative sources .
The Company has received bids for 99.12 crore equity shares against which the issue size is 63.16 crore shares.
Thus the portion reserved for QIBs has been subscribed to about 3.4 times.
IPO Coal India Ltd IPO Allotment status, listingThe initial public offering (IPO) of Coal India Ltd at Rs 225 to 245 per share was oversubscribed by 2.31 times by retail investors The empowered Group of Ministers (EGoM) headed by the Union Finance Minister, Pranab Mukherjee, met on October 25, 2010 and decided the issue price at Rs 245 a share.
While the ratio of allotment status has not been announced, past experience taking into account number of times the IPO has been oversubscribed indicate the allotment ratio might be kept at 1 : 2
Tecpro listed Today Opening Debut at over 12% premium in BSETecpro, an Engineering Company, which entered the Capital Market recently, with an Initial Public Offering (IPO) in the price band of Rs 340 – Rs 350 made a smart opening in the Bombay Stock Exchange (BSE) at 12.5 % over the issue price on Tuesday, October 12, 2010.
The Company had raised Rs 268 crores through its IPO recently.
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