Bharti Infratel IPO subscribed 35 percent - Indian IPO Blog

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Wednesday, December 12, 2012

Bharti Infratel IPO subscribed 35 percent

Bharti Infratel IPO, which opened for subscription from yesterday, December 11, 2012, has been subscribed 0.35 times or 35 per cent on an overall basis. The IPO has received bids for 5,59,07,100 Equity Shares according to data available on the NSE website.

The Total Bids Received at Cut-off Price are 18,95,250. The Issue consists of Public offer of 188,900,000 equity shares of Rs.10 each issued in a price band of Rs.210/- to Rs.240/- per equity share with entitlement of discount of Rs.10/- for Retail Investors

Barclays Securities (India) Private Limited, Deutsche Equities India Private Limited, Enam Securities Private Limited, HSBC Securities and Capital Markets (India)Private Limited,Kotak Mahindra Capital Company Limited are the Book Running Lead Managers to the Issue, while BNP Paribas,DBS Bank Ltd,HDFC Bank,ICICI Securities are the Co-Book Running Lead Managers to the Issue

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