Hathway Cables IPO | Basis of Allotment - Indian IPO Blog

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Tuesday, March 2, 2010

Hathway Cables IPO | Basis of Allotment

(Summarized for Retail Investors)

The Retail Category was under subscribed 0.22 times. Hence, allotment was done on Firm Basis. As per the Red Herring Prospectus, the unsubscribed portion of Retail individual Bidders portion was met with the spill over from Non Institutional Bidders category (9,30,718 equity shares), QIB category (55,84,307 equity shares) and additional spill over from Non Institutional Bidders category (1,125 equity shares) due to additional withdrawal. The total number of shares allotted in this category is 18,08,850 Equity Shares to 19,024 successful applicants

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