Shipping Corporation FPO gaining remarkable response on closing day, overbid 4.83 times till 6 PM - Indian IPO Blog

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Friday, December 3, 2010

Shipping Corporation FPO gaining remarkable response on closing day, overbid 4.83 times till 6 PM

Shipping Corporation of India FPO has received a remarkable response on the closing day with the FPO getting overbid by 4.83 times on an overall basis. The response from the Retail Category on the closing day has been splendid with the category getting overbid by about 5.21 times as against only 0.56 times yesterday, which was Day 3 of the FPO

SCI FPO consists of 84,690,730 Equity Shares of Rs.10/- each in a price band of Rs.135/- to Rs.140/- per equity share. The Retail Category would get a discount of 5% on the Issue Price

Check back Indian IPO Blog for precise category-wise subscription status of Shipping Corporation of India FPO!

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