Aqua Logistics IPO undersubscribed, Price Band revised, Closing Date Extended - Indian IPO Blog

Thursday, January 28, 2010

Aqua Logistics IPO undersubscribed, Price Band revised, Closing Date Extended

The IPO of Aqua Logistics Ltd. has remained unsubscribed on its closing day, i.e. till Thursday, January 28, 2010. The IPO was subscribed 0.60 times on an overall basis with the QIB and HNI Categories remaining unsubscribed. Retail Category was subscribed 1.41 times. The Bidding Status as on Thursday, January 28, 2010 is given hereunder:

Aqua Logistics Ltd. IPO Bidding Status as on Day 3, i.e. Thursday, January 28, 2010 1700 hrs IST:
QIB: 0.10 times
Non-Institutional Investors: 0.72 times
Retail: 1.41 times
Overall: 0.60 times

The Price Band of the IPO has been revised from Original Price Band of Rs.220/- to Rs.230/- per equity share to Revised Price Band Rs.200/- to Rs.225/- per equity share

The Closing Date of the IPO has also been extended and the IPO, which was scheduled to close for subscription today, i.e. on Thursday, January 28, 2010 will now remain open till Tuesday, February 02, 2010

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