BS Transcomm IPO remains undersubscribed, extended to October 13, 2010

BS Transcomm IPO, which was scheduled to close today, has revised the price band of its IPO to Rs.247/- to Rs.257/- as against its earlier price band of Rs.257/- to Rs.266/- per equity share, due to lukewarm response from investors. The issue was subscribed 0.58 times till Friday, October 08, 2010 1700 hrs IST as per data available on the NSE website

BS Transcomm Ltd. is engaged in the business of providing a range of services to telecommunication infrastructure providers and power transmission companies including turnkey services

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