Analysis and Insights into the world of IPOs and investing in India

Tuesday, September 14, 2010

Indosolar Limited IPO bid 14% on Opening Day

Indosolar Limited IPO has been subscribed 0.14 times on an overall basis on its first day. The IPO has received 25% subscription from the Retail Category on the opening day, whereas QIB is bid 0.10 times till Day 1

Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

Indosolar Limited IPO would remain open for subscription till Wednesday, September 15, 2010. Stay tuned for latest bidding status update on Indosolar Limited IPO!
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