Texmo Pipes & Products Ltd. IPO subscribed 0.38 times on First Day - Indian IPO Blog

Tuesday, February 16, 2010

Texmo Pipes & Products Ltd. IPO subscribed 0.38 times on First Day

Texmo Pipes & Products Ltd. IPO has been subscribed 38% on the first day of its opening. The Retail Category has received bids for 710025 Equity Shares as against 1715000 Equity Shares reserved for the category, thereby making the Retail Category subscribed 0.41 times or 41%. The Category-wise subscription status on Day 1 is given below:

Texmo Pipes & Products Ltd. IPO Bidding Status as on Day 1, i.e. as on Tuesday, February 16, 2010 1700 hrs IST:

QIB: 0.20 times
Non-Institutional Investors: 0.92 times
Retail: 0.41 times
Employees: 0.00 times
Overall: 0.38 times

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