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

Tuesday, July 28, 2009

Adani Power Ltd IPO subscribed 3.96 times on first day

The IPO of Adani Power Ltd., has been subscribed by 3.96 times on its Day 1 itself. The IPO was subscribed 7.45 times in QIB Category. However in Retail Category, the subscription has been only 0.06 times till first day. The IPO is open till Friday, July 31, 2009

Adani Power IPO Bidding Status as on Day 1, i.e. Tuesday, July 28, 2009 1700 hrs IST:
QIB: 7.45 times
Non-Institutional Investors: 2.12 times
Retail: 0.06 times
Employees: 0.00 times
Overall: 3.96 times
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