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Goenka Diamond and Jewels IPO finally subscribed just 1.07 times

Goenka Diamond and Jewels IPO, which closed for subscription today, has been subscribed fully. However, the overall subscription of 1.07 times has only been possible due to subscription from HNI Category, which is subscribed 3 times, with the other two categories receiving less than 100% subscription. The response from the Retail Investors has also not been keen with the IPO getting subscribed only 66% in the Retail Category. Following is the category-wise details of subscription of Goenka Diamond and Jewels IPO:

Goenka Diamond and Jewels IPO Subscription Status (Final) as on Friday, March 26, 2010 1700 hrs IST:
QIB: 0.78 times
Non-Institutional Investors: 3.00 times
Retail: 0.66 times
Overall: 1.07 times

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