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IL&FS Transportation IPO subscribed 1.86 times till Day 2

IL&FS Transportation IPO has built upon its subscription figures from Day 1 and the IPO is now subscribed 1.86 times on an overall basis. However, the chief supporter still remains the QIB Category, which is overbid 3.53 times, with the other two categories receiving feeble subscriptions so far till the second day of the IPO

IL&FS Transportation Networks Limited is an established ISO 9000:2001 surface transportation infrastructure company, and one of the largest private sector BOT road operators in India. The IPO, which opened yesterday, i.e. on Thursday, March 11, 2010, was subscribed 34% till the first day. The IPO closes for subscription on Monday, March 15, 2010

Click here for category-wise subscription status of IL&FS Transportation Networks Limited IPO on Day 2

Update: IL&FS Transportation IPO closes with magnificent oversubscription

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