Analysis and Insights into the world of IPOs and investing in India

Saturday, March 1, 2008

V-Guard Industries Ltd. IPO - Issue Price Fixed

V-Guard Industries has fixed the issue price of its recent IPO at Rs.82/- per equity share.
Earlier, the IPO was closed on and was oversubscribed 2.70 times as under:

V-Guard Industries IPO Bidding Status till Thursday, February 21, 2008 1815 hrs IST:
QIB: 1.74 times
Non-Institutional Investors: 2.92 times
Retail: 4.24 times
Employees: 0.86 times
Overall: 2.70 times

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