Intrasoft Tech IPO fully subscribed on Day 2 - Indian IPO Blog

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Thursday, March 25, 2010

Intrasoft Tech IPO fully subscribed on Day 2

The IPO of Intrasoft Technologies Ltd., the company which provides electronic greeting card services through website, 123greetings.com, has been fully subscribed on the second day of the IPO on an overall basis. The IPO has been fully subscribed in QIB and HNI Categories, which are bid 1.69 times and 1.22 times respectively. Retail Investors have not shown too much of enthusiasm towards the IPO till second day.

Intrasoft Technologies IPO Bidding Status as on Thursday, March 25, 2010 1700 hrs IST:
QIB: 1.69 times
Non-Institutional Investors: 1.22 times
Retail: 0.35 times
Overall: 1.15 times

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