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
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Thursday, September 8, 2011
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SRS Ltd. IPO
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