Engineers India FPO gets feeble response on opening day

Engineers India FPO, which opened for subscription from yesterday, July 27, 2010 has received negligible response on its opening day. The Retail Category is subscribed at about 0.04 times, receiving bids for 408240 Equity Shares as against 11543581 reserved for the category. (Click here for Engineers India FPO Subscription Status on First Day)

Engineers India Limited (EIL) was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL is working under the administrative control of Ministry of Petroleum and Natural Gas (MoP & NG), Government of India