EIL FPO closes today, bid 11.63 times till now - Indian IPO Blog

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Friday, July 30, 2010

EIL FPO closes today, bid 11.63 times till now

Engineers India FPO, which closed for QIB Bidders yesterday is bid 11.63 times till Day 3 with QIB Category getting an awesome 23.43 times oversubscription. The IPO closes today, i.e. on Friday, July 30, 2010 for the other categories

EIL FPO has managed to garner 41% response in the Retail Category till July 29, 2010, while the HNI category is bid 0.14 times till now. EIL IPO consists of  33,693,660 Equity Shares of Rs.5/- each in a price band of Rs.270/- to Rs.290/- per equity share. Retail Investors will be given a discount of 5% on the Issue Price

Stay tuned for latest updates on EIL FPO Subscription Status!

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Neogen Chemicals IPO subscription status on Day 2

QIB: 0.95x HNI: 1.12x Retail: 3.14x Overall: 2.08 times