Gujarat Pipavav Port IPO receives frail subscription on Opening Day - Indian IPO Blog

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Tuesday, August 24, 2010

Gujarat Pipavav Port IPO receives frail subscription on Opening Day

Gujarat Pipavav Port IPO, which opened for subscription from yesterday, has received fragile response on its opening day with bids coming mainly from the Retail Category only which has received bids for 3729310 Equity Shares as against 38557368 Equity Shares reserved for the category, thus making the Retail Category subscribed about 10% till Day 1, although no bids are received in the QIB Category till Opening Day

Click here for Gujarat Pipavav Port IPO Bidding Status on Day 1

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