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

Wednesday, December 1, 2010

Manganese Ore India IPO overbid 54.61 times till 5 PM

MOIL IPO is now overbid more than 54.61 times on an overall basis till December 1, 2010 1700 hrs IST as per data available on the NSE website

The response in the Retail Investors has also been enormous with the category overbid by atleast 18 times till 3 PM on the closing day. MOIL IPO had already received a marvelous response from the Retail Investors with the subscription in the category standing at 10.86 times till Day 3

Update:  MOIL IPO overbid 56.02 times till 1900 hrs IST on closing day
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