Tecpro Systems IPO Allotment Status is declared and can now be checked online

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Tecpro Systems IPO was finally overbid 24.47 times with the Retail Category oversubscribed 9.07 times

QIB: 27.99 times
Non-Institutional Investors: 62.48 times
Retail: 9.07 times
Employees: 0.35 times
Overall: 24.47 times

Tecpro Systems IPO, which closed for subscription today for QIB Investors, has amassed good support from the QIB Investors, with the category getting overbid 28 times, thereby taking the overall subscription for the IPO to just above 14 times. The other categories, however, have seen below 1 time subscriptions till now, but are expected to garner more response on the closing day. (Click here for Tecpro Systems IPO - Bidding Status till Day 3)

Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components

Stay tuned for regular updates on Tecpro Systems IPO Bidding Status!

QIB: 27.99 times
Non-Institutional Investors: 0.53 times
Retail: 0.65 times
Employees: 0.06 times
Overall: 14.17 times

QIB: 0.15 times
Non-Institutional Investors: 0.00 times
Retail: 0.10 times
Employees: 0.01 times
Overall: 0.11 times

QIB: 0.00 times
Non-Institutional Investors: 0.00 times
Retail: 0.02 times
Employees: 0.00 times
Overall: 0.01 times

Tecpro Systems IPO Price Band is fixed at Rs.340/- to Rs.355/- per equity share. Tecpro Systems IPO opens from Thursday, September 23, 2010

Tecpro Systems IPO has been assigned an IPO Grade 4/5 by CRISIL. This grade from CRISIL indicates that the fundamentals of the IPO are above-average relative to other listed equity securities in India. CRISIL assigns IPO Grade 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

Stay tuned to Indian IPO Blog for more on Tecpro Systems IPO!

Tecpro Systems IPO has been assigned an IPO Grade 4/5 by CRISIL. This grade from CRISIL indicates that the fundamentals of the IPO are above-average relative to other listed equity securities in India. CRISIL assigns IPO Grade 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

Tecpro Systems Limited undertakes turnkey projects in Bulk Solids Handling Systems including belt conveyors, slat conveyors, bucket elevators etc., manufacture equipment viz., stackers, reclaimers, various types of crushers, vibrating screens, feeder and conveyor components

Stay tuned for more on Tecpro Systems IPO!

Tecpro Systems Ltd, a material handling company in India, engaged in providing turnkey solutions in material handling, ash handling, balance of plant ("BoP") and engineering, procurementand construction ("EPC") contracts, is coming up with an IPO which would open for subscription from September 23, 2010

The Book Running Lead Managers to the Issue are Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited, while Link Intime India Pvt. Ltd. is the Registrar