Muthoot Finance Limited IPO subscribed 11.02 times till Tuesday, April 20, 2011 - Indian IPO Blog

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Wednesday, April 20, 2011

Muthoot Finance Limited IPO subscribed 11.02 times till Tuesday, April 20, 2011

Muthoot Finance IPO, which closed for subscription today for the QIB Investors, has received a solid support from the category with the IPO getting oversubscribed by 25 times in the QIB Category. The concrete support from the QIB Category has also taken the overall subscription of the IPO above 11 times

Of the bids received for 45,07,46,560 Equity Shares in the QIB Category, FII bids accounted for 292012760 Equity Shares, Mutual Funds bids were for 5,68,70,920 Equity Shares, while bids from Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) were for 10,06,61,120 Equity Shares with bids for 12,01,760 Equity Shares from others in QIB Category

Muthoot Finance IPO closes for subscription tomorrow, i.e. on Thursday, April 21, 2011. The subscription in each of the HNI and Retail Categories is about one time till now, although the same is expected to get a boost on the closing day of the IPO with the backdrop of concrete QIB support

Check back Indian IPO Blog for regular subscription status updates on Muthoot Finance IPO!

Click here to view category-wise subscription status on Muthoot Finance IPO on Wednesday, April 20, 2011

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