Gammon Infrastructure IPO Allotment Status is declared online.

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The IPO of Gammon Infrastructure Projects Limited, which closed today, i.e. on Thursday, March 13, 2008 was subscribed 3.48 times on an overall. The category-wise details of subscription are given below:

Gammon Infrastructure Projects Limited Final Subscription Status:
(as on Thursday, March 13, 2008 1730 hrs IST)
QIB: 5.17 times
Non-Institutional Investors: 3.78 times
Retail: 1.09 times
Employees: 0.53 times
Overall: 3.48 times

Gammon Infrastructure Projects Ltd. IPO which opened on March 10, 2008 closes today. The IPO was subscribed 1.90 times till the second last day, as under:

Gammon Infrastructure Projects Limited IPO Bidding Status as on Wednesday, March 12, 2008 1700 hrs IST:
QIB: 2.99 times
Non-Institutional Investors: 2.74 times
Retail: 0.11 times
Employees: 0.03 times
Overall: 1.90 times

Check back here later for final subscription status of Gammon Infrastructure Projects Ltd. IPO

Gammon Infrastructure Projects IPO Bidding Status as on Tuesday, March 11, 2008:
QIB: 0.93 times
Non-Institutional Investors: 2.74 times
Retail: 0.02 times
Employees: 0.02 times
Overall: 0.75 times

Retail Individual Bidders and Non-Institutional Bidders are allowed partial payment option in Gammon Infrastructure Projects Limited IPO. Accordingly, there are two payment options available to Retail and HNI Bidders:

Payment option 1:
While bidding, the Bidder shall make a partial payment of Rs. 50/- per Equity Share.

Payment option 2:
This is the standard method of bid payment where investor pay full amount at the time of submitting the bid.

Click here for reference table for both payment options
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QIB: 0.72 times
Non-Institutional Investors: 2.74 times
Retail: 0.00 times
Employees: 0.02 times
Overall: 0.64 times

About Gammon Infrastructure Projects Limited
Gammon Infrastructure Projects Limited (GIPL), is an infrastructure project development company promoted by Gammon India Limited. GIPL is among the first company in India to be modeled as an infrastructure developer holding company with investments spread across various sectors.

> Click here for details about Gammon Infrastructure Projects Limited IPO
> Click here for IPO Reference Table for Retail Investors for Gammon Infrastructure Projects Limited IPO
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The bid lot for Gammon Infrastructure Projects Limited IPO is 35 shares and in multiples thereof. The price band for the IPO was fixed at Rs.167/- to Rs.200/- per share. The IPO opens on March 10, 2008 and closes on March 14, 2008. There is a partial payment option available for this IPO. Following is the reference table for retail investors applying at cut-off prices:

No of Shares		Payment option 1	Payment option 2
		(Partial Payment)	(Full Payment)
		(Rs.50/- per sh)	(Rs.200/- per sh)
35		1,750	7,000
70		3,500	14,000
105		5,250	21,000
140		7,000	28,000
175		8,750	35,000
210		10,500	42,000
245		12,250	49,000
245		12,250	49,000
280		14,000	56,000
315		15,750	63,000
350		17,500	70,000
385		19,250	77,000
420		21,000	84,000
420		21,000	84,000
455		22,750	91,000
490		24,500	98,000

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Gammon Infrastructure Projects Limited (GIPL), is an infrastructure project development company promoted by Gammon India Limited. It is coming up with an IPO of 16,550,000 Equity Shares of Rs. 10/- each. The details of IPO are given below:

Issue Size: 16,550,000 Equity Shares of Rs. 10/- each
Issue Opens on: Monday, March 10, 2008
Issue Closes on: Thursday, March 13, 2008
Bid Lot: 35 equity shares and in multiples thereof
Price Band: Rs.167/- to Rs.200/- per equity share
Registrar: Intime Spectrum Registry Ltd

Stay tuned on this blog for more info on Gammon Infrastructure Projects Limited (GIPL) IPO!