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

Monday, February 22, 2010

Man Infra IPO oversubscibed by an astonishing 62.53 times

Man Infra IPO, which opened for subscription from Thursday, February 18, 2010, has been greeted with a whole-hearted response from investors with the IPO receiving highest subscription in the last two years. The IPO has received oversubscription to the tune of an astounding 62.53 times on an overall basis. There has been an overwhelming subscription in the category of QIB and HNI Investors, which are oversubscribed by an astounding 96 and 105 times respectively

The IPO of Man Infraconstruction Limited, which opened for subscription on Thursday, February 18, 2010, had received a terrific response on the Day 1 with the IPO getting subscribed 3.10 times on the opening day.


Man Infraconstruction Ltd. IPO Subscription Status (Final) as on Monday, February 22, 2010 1815 hrs IST:
QIB: 96.06 times
Non-Institutional Investors: 104.54 times
Retail: 10.26 times
Employees: 0.01 times
Overall: 62.53 times
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