Indian IPO Blog

Insights into investing world in India

Sanghvi Forging Limited IPO Listing Date

The Equity Shares of Sanghvi Forging Limited will be listed and admitted to the dealings on the exchanges with effect from Monday, May 23, 2011.

The subscription to the Sanghvi Forging and Engineering IPO was not very high with the IPO just managing to sail through with subscription of 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 listing day updates on Sanghvi Forging Limited IPO!

No comments:

Post a Comment