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

Saturday, December 11, 2010

Ravikumar Distilleries IPO finally subscribed 2.22 times

The IPO of Ravikumar Distilleries Ltd. (RKDL), engaged in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products, is finally subscribed 2.22 times on an overall basis

Ravikumar Distilleries IPO has received a mixed response from the investors. While the IPO has managed to gather good response from HNI and Retail Category, the subscription from the QIB Category has been lackluster

Ravikumar Distilleries IPO was bid only 0.52 times till Day 2, Thursday, December 9, 2010 with only 0.72 times subscription in the Retail Category till Day 2

Click here for Ravikumar Distilleries IPO - Final Subscription Status
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