Shree Ganesh Jewellery House Ltd., which listed on the Exchanges today closed at a discount of 37.21% on its Issue Price. The share closed at Rs.163.25 on the BSE as against an Issue Price of Rs.260. It touched an Intra-day Low of Rs.160.65 and an Intra-day High of Rs.258.85 on the BSE

On the NSE, Shree Ganesh Jewellery House Ltd. listed at Rs.250 and touched an Intra-day low of Rs.161.75

The IPO of Shree Ganesh Jewellery House Ltd. was subscribed 1.96 times on an overall basis, mainly on support of HNI Category. Click here for Shree Ganesh Jewellery IPO Subscription Status

Shree Ganesh Jewellery House Ltd., which listed on the Exchanges today, opened at Rs.250/- on NSE at a Discount of Rs.10/-, the Issue Price being Rs.260/- per equity share. The price however, went down quite rapidly and the share is now trading at about Rs.168.75 on BSE at 14:18 hrs IST, down nearly 35% from its Issue Price

The IPO of Shree Ganesh Jewellery House Ltd. was subscribed 1.96 times on an overall basis, mainly on support of HNI Category. Click here for Shree Ganesh Jewellery IPO Subscription Status

Note: This post contains tables and therefore the contents of this post may not be appropriately displayed in an email or in some RSS Readers. If you experience problems in viewing this post in an email, you are advised to visit Indian IPO Blog for viewing the posted content in its original format

No. of Sh Applied		No. of Sh Allotted		Ratio
25		25		25:29
50		43		1:1
75		65		1:1
100		86		1:1
125		108		1:1
150		129		1:1
175		151		1:1
200		172		1:1
225		194		1:1
250		215		1:1
275		237		1:1
300		258		1:1
325		280		1:1
350		301		1:1
		Addl 1 Sh		10:17
375		323		1:1

The Equity Shares of Shree Ganesh Jewellery Ltd. will be listed with effect from Friday, April 09, 2010. Earlier the IPO of Shree Ganesh Jewellery Ltd. was subscribed 1.96 times on an overall basis.

The IPO had received good response in the HNI Category which was overbid 6.13 times, while Retail Category was subscribed 1.39 times. (Click here for category-wise Bidding Status of the IPO)

Shree Ganesh Jewellery IPO Allotment Status is declared online and can be checked from the link provided below:

Click here to check Shree Ganesh Jewellery IPO Allotment Status now

Shree Ganesh Jewellery House IPO has been finally subscribed 1.96 times on an overall basis. The IPO has received good response in the HNI Category which is overbid 6.13 times, while Retail Category is subscribed 1.39 times. (Click here for category-wise Bidding Status of the IPO)

Shree Ganesh Jewellery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. The IPO was assigned IPO Grade 3 by credit rating agency CARE

QIB: 1.38 times
Non-Institutional Investors: 6.13 times
Retail: 1.39 times
Overall: 1.96 times

Shree Ganesh Jewellery IPO has been fully subscribed on Day 2 of its opening. The IPO has been subscribed 1.07 on an overall basis. Following is the category-wise subscription status of Shree Ganesh Jewellery IPO on Day 2:

Shree Ganesh Jewellery IPO Bidding Status as on Monday, March 22, 2010 1700 hrs IST:
QIB: 0.94 times
Non-Institutional Investors: 3.32 times
Retail: 0.51 times
Overall: 1.07 times

Shree Ganesh Jewellery IPO has been subscribed 0.96 times on an overall basis till 1600 hrs IST on Day 2 of the IPO, as per data available on NSE Website. Credit Rating Agency CARE has assigned an "IPO Grade 3" to Shree Ganesh Jewellery House IPO

Stay tuned to Indian IPO Blog for regular updates on Shree Ganesh Jewellery IPO!

Credit Rating Agency CARE has assigned an "IPO Grade 3" to Shree Ganesh Jewellery House IPO. This implies that as per CARE, the company has 'Average Fundamentals'

CARE assigns IPO gradings on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. (Click here to download the CARE IPO Grading Document for Shree Ganesh Jewellery House IPO)

Shree Ganesh Jewellery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Stay tuned to Indian IPO Blog for latest updates on Shree Ganesh Jewellery House Limited IPO!

QIB: 0.73 times
Non-Institutional Investors: 2.97 times
Retail: 0.39 times
Overall: 0.88 times

Issue Opens on: Friday, March 19, 2010 - Mar 23, 2010
Issue Closes on: Tuesday, March 23, 2010
Issue Size: 14,269,831 Equity Shares of Rs.10/- each
Price Band: Rs.260/- to Rs.270/- per equity share
Bid Lot: 25 Equity Shares and in multiples thereof
Listing At: BSE, NSE
Lead Manager: Axis Bank Limited, ICICI Securities Limited
Registrar:  Link Intime India Private Ltd

The price band for the upcoming IPO of Shree Ganesh Jewellery House Ltd., which opens for subscription from Friday, March 19, 2010, has been fixed at Rs.260/- to Rs.270/- per equity share. The IPO consists of 14,269,831 Equity Shares of Rs.10/- each

Shree Ganesh Jewellery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Company's products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.

Shree Ganesh Jewellery House IPO would remain open for subscription till Tuesday, March 23, 2010. Stay tuned to Indian IPO Blog for Bid Lot, Subscription Status and other updates on Shree Ganesh Jewellery House IPO!

Shree Ganesh Jewellery House Limited, one of the largest manufacturers and exporters of handcrafted gold jewellery in India, is coming up with an Initial Public Offer (IPO) of 14,269,831 Equity Shares of Face Value of Rs.10/- each.

Stay tuned to Indian IPO Blog for more on Shree Ganesh Jewellery House IPO!