NMDC FPO subscribed 0.8 times till second day - Indian IPO Blog

Thursday, March 11, 2010

NMDC FPO subscribed 0.8 times till second day

NMDC FPO has gathered close to 80% subscription till the second day of its opening. The FPO, which closes for subscription tomorrow, i.e. on Friday, March 12, 2010, has been subscribed 79.53% on an overall basis. Apart from QIB Category, which is fully subscribed at 1.56 times, the subscription in the other categories has been marginal. Following is the category-wise bidding status on Day 2:

NMDC FPO - Bidding Status as on Day 2, i.e. Thursday, March 10, 2010 1700 hrs IST:
QIB: 1.56 times
Non-Institutional Investors: 0.01 times
Retail: 0.03 times
Employees: 0.04 times
Overall: 0.80 times

Update: NMDC FPO finally subscribed 1.25 times

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