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

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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