Oil India IPO oversubscribed more than 30 times - Indian IPO Blog

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Thursday, September 10, 2009

Oil India IPO oversubscribed more than 30 times

Oil India Ltd. IPO, which closes for subscription today, is subscribed by over 30 times till now. There is heavy oversubscription in the QIB Category which is subscribed more than 50 times. Retail Category is subscribed by more than about 1.7 times.

Click here to view updated Oil India IPO Subscription Status (Final) as on Thursday, September 10, 2009

Oil India IPO was subscribed 4.02 times till its third day, i.e. till Wednesday, September 09, 2009. However, the overall subscription of about 4 times was largely due to comparatively high subscription in QIB Category, which was subscribed 7.18 times till its third day. The Retail Category was subscribed only to the extent of 30.96%, i.e. 0.31 times till third day

More posts on Oil India IPO Subscription:
- Oil India IPO subscribed 4.02 times till Day 3
- Oil India IPO subscribed 1.44 times till second day
- Oil India IPO subscribed 1.28 times on first day

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