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Thursday, April 21, 2011

Muthoot Finance IPO, which closes for subscription today, has been overbid 11.94 times till 12 PM as per data available consolidated from the websites of BSE and NSE. The IPO was subscribed 11.02 times on an overall basis till yesterday, April 20, 2011, which was the closing date for QIB Investors. Muthoot Finance IPO had managed to garner strong support from the QIB Category, which was subscribed 25 times

The response from the Retail Category is rising with the IPO now bid about 2.69 times with the HNI Category overbid about 3 times till 12 PM today. Check back Indian IPO Blog for regular updates on Muthoot Finance IPO subscription status!

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