ARSS Infra Projects IPO finally oversubscribed 47.62 times - Indian IPO Blog

Thursday, February 11, 2010

ARSS Infra Projects IPO finally oversubscribed 47.62 times

ARSS Infrastructure Projects Ltd. IPO has received outstanding response from the investors, with the IPO getting oversubscribed by an incredible 47.62 times on an overall basis. The IPO has received open-hearted response from all the categories, with a remarkable response from the HNI Category which is overbid 124.53 times.

ARSS Infrastructure Projects Ltd. IPO had opened for subscription from Monday, February 08, 2010. The equity shares were offered in a price band of Rs.410 to Rs.450 per equity share. The Category-wise subscription status of ARSS Infrastructure Projects Ltd. IPO is given hereunder:

ARSS Infrastructure Projects Ltd. IPO Oversubscription Status (Final) as on Thursday, February 11, 2010 1700 hrs IST:
QIB: 49.34 times
Non-Institutional Investors: 124.53 times
Retail: 18.55 times
Overall: 47.62 times

Click here to check out detailed subscription statistics of ARSS Infrastructure Projects Ltd. IPO

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