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

Tuesday, December 1, 2009

MBL Infrastructure IPO finally subscribed 1.97 times (Retail: 0.4 times)

The IPO of MBL Infrastructure Ltd., which closed for subscription today, i.e. on Tuesday, December 1, 2009, was subscribed 1.97 times. The IPO has received over-subscriptions mainly in QIB and HNI Categories, with some bids in the Retail Category. Following is the category-wise subscription status:

MBL Infra IPO Bidding Status (Final) as on Tuesday, December 1, 2009 1700 hrs IST:
QIB: 3.35 times
Non-Institutional Investors: 2.65 times
Retail: 0.40 times
Employees: 0.14 times
Overall: 1.97 times
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