Securities Exchange Board of India (SEBI) has asked MBL Infrastructures Ltd. to offer withdrawal option to MBL Infrastructures IPO Investors due to company's failure to disclose a dispute with State of Jharkhand in its Red Herring Prospectus
The IPO of MBL Infrastructure Ltd., which closed for subscription on Tuesday, December 01, 2009, was subscribed 1.97 times. The IPO had received over-subscriptions mainly in QIB and HNI Categories, with some bids in the Retail Category
Tuesday, December 15, 2009
MBL Infrastructure IPO - Option to Withdraw Application
Tags
# IPO in 2009
# IPO in December 2009
# IPO in November 2009
# IPO News
# IPO Updates
# MBL Infra IPO
# MBL Infrastructures IPO
# Withdrawal Option
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