Hindustan Media IPO subscribed only 1% till second day - Indian IPO Blog

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Tuesday, July 6, 2010

Hindustan Media IPO subscribed only 1% till second day

The response to the Hindustan Media Ventures IPO, which opened from Monday, July 05, 2010, has been negligible even till the second day of its opening. The IPO has received negligible bids in the HNI and the Retail Categories and none in the QIB Category till Day 2

Hindustan Copper Limited, a public sector enterprise of the Government of India, was incorporated in 1967. As per the Company's website, the Company markets copper cathodes, copper wire bar, continuous cast copper rod and by-products, such as anode slime (containing gold, silver, etc.), copper sulphate and sulphuric acid. The IPO closes for subscription tomorrow i.e. on Wednesday, July 07, 2010

Stay tuned for the latest updates on Hindustan Copper Limited IPO!

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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