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

Friday, April 18, 2008

Aishwarya Telecom IPO finally oversubscribed 20 times

The IPO of Aishwarya Telecom Ltd. was finally subscribed 20 times till its closing day, i.e. till Thursday, April 17, 2008. It was subscribed by merely 0.67 times till second-last day. The details of oversubscription are given below:

Aishwarya Telecom Ltd. IPO Oversubscription Figures (Final) as on Thursday, April 17, 2008 1700 hrs IST:
QIB: 8.44 times
Non-Institutional Investors: 29.14 times
Retail: 33.99 times
Employees: 1.04 times
Overall: 20.00 times

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