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

Monday, April 18, 2011

Muthoot Finance IPO bid 0.15 times till 4 PM on the opening day

Muthoot Finance IPO, which has opened for subscription from today, has been subscribed about 15% on an overall basis till 4PM, as per the data available on the website of NSE

The IPO consists of 51,500,000 Equity Shares, having a Face Value of Rs.10/- each(including Anchor Portion of 7,725,000 equity shares). Muthoot Finance IPO would close for subscription on Wednesday, April 20, 2011 for QIB Investors and on Thursday, April 21, 2011 for all other investors

ICICI Securities Limited, Kotak Mahindra Capital Company Limited are the Book Running Lead Managers with HDFC Bank Limited as the Co Book Running Lead Manager to the Issue, while Link Intime India Private Limited is the Registrar to the Issue
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