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

Friday, February 19, 2010

Texmo Pipes IPO finally oversubscribed 7.48 times

Texmo Pipes & Products IPO has been finally subscribed 7.48 times on an overall basis. The IPO has received strong support from the HNI Category which has been oversubscribed 30.50 times. It has also managed to bring energetic support from Retail Category which is oversubscribed 7.26 times. The response from QIB Category has been relatively feeble as compared to other categories, although the same is fully subscribed


Texmo Pipes & Products Ltd. IPO Subscription Status (Final) as on Friday, February 19, 2010 1700 hrs IST:
QIB: 1.02 times
Non-Institutional Investors: 30.50 times
Retail: 7.26 times
Employees: 0.31 times
Overall: 7.48 times
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