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

Monday, September 27, 2010

Tecpro Systems IPO closes for QIB, overbid more than 14 times till Day 3

Tecpro Systems IPO, which closed for subscription today for QIB Investors, has amassed good support from the QIB Investors, with the category getting overbid 28 times, thereby taking the overall subscription for the IPO to just above 14 times. The other categories, however, have seen below 1 time subscriptions till now, but are expected to garner more response on the closing day. (Click here for Tecpro Systems IPO - Bidding Status till Day 3)

Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components

Stay tuned for regular updates on Tecpro Systems IPO Bidding Status!
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