SRS IPO Issue Price fixed - Indian IPO Blog

Thursday, September 8, 2011

SRS IPO Issue Price fixed

SRS Limited, which recently concluded its IPO has fixed the price at which shares will be issued to the investors. The Price Band for the IPO was Rs.58/- to Rs.65/- per equity share and the Issue Price has been fixed at the lower end of the price band

SRS Limited IPO closed for subscription on August 26, 2011 and was finally subscribed 1.25 times on an overall basis with major subscription coming only from the HNI category, which was overbid 5.11 times. The QIB and Retail Categories were bid 0.75 times and 0.32 times respectively

Check back Indian IPO Blog for the latest updates on SRS Limited IPO!

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