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

Saturday, December 12, 2009

Godrej Properties IPO finally subscribed 4 times

The IPO of Godrej Properties Ltd., which closed for subscription on Friday, December 11, 2009 was finally subscribed 4.00 times, the majority part being that of QIB Oversubscription of 7.45 times. The HNI and Retail Categories were subscribed about 41% and 38% respectively.Following is the category-wise Godrej Properties IPO Subscription Status:

Godrej Properties IPO Subscription Status (Final) as on Friday, December 11, 2009 1700 hrs IST:
QIB: 7.45 times
Non-Institutional Investors: 0.41 times
Retail: 0.38 times
Overall: 4.00 times
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