JSW Energy IPO Basis of Allotment (Retail Investors) - Indian IPO Blog

Sunday, January 3, 2010

JSW Energy IPO Basis of Allotment (Retail Investors)

The Basis of Allocation to the Retail Individual Bidders, who have bid at cut-off or at or above the Issue Price (Net of Retail Discount of Rs.5 per Equity Share) of Rs. 95 per Equity Share, was finalized in consultation with BSE. The Retail category was subscribed to the extent of 0.38 times and hence allotment was done on full and firm basis to all valid applicants.

The total number of Equity Shares allotted in Retail Individual Bidders category is 31,053,720 Equity Shares to 85,235 valid applicants. The above includes l 7,854 applications for 4,742,520 Equity Shares made under the ASBA process, of which 17,676 applications for 4,706,040 Equity Shares were found valid for allotment. The unsubscribed portion duly adjusted to the issue price of Rs. 100 aggregating to 47,398,019 Equity Shares was added to the Qualified Institutional Bidders category

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