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

Wednesday, April 20, 2011

Muthoot Finance IPO closes for subscription today for QIB Investors

Muthoot Finance IPO, which has opened for subscription from Monday, April 18, 2011, would close for subscription for QIB Category of Investors today. The response from the QIB Investors would be an interesting factor to consider, which would also influence to an extent, the keenness from the Retail Category as well as the overall subscription to the IPO

Muthoot Finance IPO has 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

Click here to check out category-wise subscription figures of Muthoot Finance IPO till Day 2, April 19, 2011
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