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Muthoot Finance IPO bid 2.3 times till 2 PM on Wednesday, April 20, 2011

Muthoot Finance IPO, which closes for QIB Investors today, has been bid 2.30 times till 2PM, as per the data available on the NSE website. The IPO has received bids for 100858400 Equity Shares till now as against the Total Issue Size of 43775000 Equity Shares. The subscription from the Retail Category is reaching about 60%

Muthoot Finance IPO had received 35% subscription till second day of its opening with QIB Category getting bid about 0.31 times till Tuesday, April 19, 2011. Muthoot Finance IPO is offered in a Price Band of Rs.160/- to Rs.175/-  per equity share for shares having a Face Value of Rs.10/- each. The Bid Lot for the IPO is fixed at 40 Equity Shares and in multiples thereof

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