The state-run Engineers India Limited (EIL) is coming up with an Initial Public Offer of 3,36,93,660 Equity Shares, each having a Face Value of Rs.5/- each, which would open for subscription from Tuesday, July 27, 2010

Engineers India Limited (EIL) was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL is working under the administrative control of Ministry of Petroleum and Natural Gas (MoP&NG), Government of India. In addition to Petroleum Refineries, with which EIL started initially, over the years it has diversified in various other fields

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The Retail Category has been over-subscribed to the extent of 0.48 times and hence allotment was done on full and firm basis to all valid applicants. Overall 7,695 applications for 1,542,450 Equity Shares were found valid and they were considered for allotment. The above includes 1,046 valid applications for 177,890 equity shares made under the ASBA process. The total number of shares allotted in Retail Individual Investor category is 1,542,450 Equity Shares to 7,695 applicants. Under-subscription in the Retail Portion of 1,682.808 shares has been added to the Qualified Institutional and Non Institutional Category in the ratio of the over subscription in these categories which is 24:76

ISIN: INE893I01013
IPO Listing Date: Monday, February 15, 2010
BSE Script Code: 533156
NSE Symbol: VASCON
Listing in: 'B' Group of Securities
Issue Price: Rs.165/- per equity share (Face Value: Rs.10/- each)

Listing Price and Info (on Monday, February 15, 2010):

On the BSE			On the NSE
Open:	170.00		Open:	156.00
High:	173.45		High:	171.95
Low:	144.00		Low:	145.10
Close:	147.20		Close:	146.45

Vascon Engineers IPO Allotment Status Link will be updated here as soon as the Allotment Status is made available online. Check back this post regularly for latest updates on Vascon Engineers IPO Allotment Status

The Equity Shares of Vascon Engineers Ltd. will be listed on the BSE and NSE with effect from Monday, February 15, 2010. Click here for Vascon Engineers IPO Listing Details

ISIN: INE893I01013
IPO Listing Date: Monday, February 15, 2010
BSE Script Code: 533156
NSE Symbol: VASCON
Listing in: 'B' Group of Securities
Issue Price: Rs.165/- per equity share

The Issue Price for the Vascon Engineers IPO, which was open for subscription between Wednesday, January 27, 2010 and Friday, January 29, 2010, has been fixed. The Issue price is fixed at the lower end of the price band, i.e. at Rs.165/- per equity share (Price Band was Rs.165/- to Rs.185/- per equity share)

Vascon Engineers Ltd. IPO, was subscribed 1.22 times on an overall basis with the retail category getting subscribed 0.62 times

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Vascon Engineers Ltd. IPO, which closed for subscription today, i.e. Friday, January 29, 2010, has been subscribed 1.22 times on an overall basis with the retail category getting subscribed 0.62 times. The category-wise subscription status is given below:

Vascon Engineers IPO Subscription Status (Final) as on Friday, January 29, 2010 1700 hrs IST:
QIB: 1.12 times
Non-Institutional Investors: 3.65 times
Retail: 0.62 times
Overall: 1.22 times