Jaypee Infratech IPO finally subscribed fully - Indian IPO Blog

Tuesday, May 4, 2010

Jaypee Infratech IPO finally subscribed fully

Jaypee Infratech IPO, which opened for subscription from Wednesday, April 28, 2010, has finally gathered subscription and the IPO subscription stands 1.24 times on an overall basis. The IPO has managed to garner more than 1 time subscription in both QIB and HNI Category, although the response from the Retail Investors has not been keen with bids received for 36603000 Equity Shares as against 59876470 Equity Shares reserved for the Retail Category. [Click here for Jaypee Infratech IPO Subscription Status (Final)]

Jaypee Infratech Ltd., is a fully-owned subsidiary of Jaiprakash Associates. The company has undertaken the development of the 165 kilometre-long Yamuna Expressway, connecting Greater Noida and Agra and development of five integrated townships. The IPO was assigned an 'IPO Grade 3/5' from Credit Rating Agency CARE

Visit Indian IPO Blog regularly for Jaypee Infratech Ltd. IPO Allotment Status Links, IPO Listing and other info on Jaypee Infratech IPO!

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