Join us on Whatsapp: +91 7977614821 OR Click here to directly join now!


Monday, May 9, 2011

Sanghvi Forging and Engineering IPO, which closed for subscription today, finally managed to sail through its subscription with the IPO subscribed 1.30 times on an overall basis, inspite of no support from the QIB Category.

The HNI Category got an average subscription at 1.82 times the number of shares reserved, but it was the Retail Category that received bids for 47,36,620 Equity Shares, as against 16,14,384 Equity Shares being reserved for the category, thereby taking the subscription in the category to 2.93 times

Stay tuned for the latest updates on Sanghvi Forging and Engineering IPO!

0 comments:

Post a Comment

Indian IPO Blog Feed Subscribers


Enter your email address:

Delivered by FeedBurner

- Disclaimer / Terms of Use
- Privacy Policy
Email: indianipoblog@gmail.com

Subscribe via email

Enter your email address:

Delivered by FeedBurner

By visiting or accessing this Blog and any/all of its subdomains, you solemnly declare that you have read, understood and agree to - Disclaimer / Terms of Service
View our - Privacy Policy

Trending IPO News

Blog Archive

Feed Subscribers