Jindal Cotex IPO subscribed only 0.24 times on first day - Indian IPO Blog

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Thursday, August 27, 2009

Jindal Cotex IPO subscribed only 0.24 times on first day

Jindal Cotex IPO has not received a great response on its first day with the IPO getting subscribed only about 0.24 times on an overall basis.
(Click here for Jindal Cotex IPO Bidding Status on Day 1)

Jindal Cotex IPO consists of 1,24,53,894 Equity Shares, each having a Face Value of Rs.10/- each. Jindal Cotex Limited (JCL) is a flagship company of Jindal group of Ludhiana. The equity shares are offered in a price band of Rs.70/- to Rs.75/- per equity shares

Stay tuned to Indian IPO Blog for latest updates on Jindal Cotex IPO!

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