Talwalkars IPO oversubscribed more than 27 times till 4PM - Indian IPO Blog

Friday, April 23, 2010

Talwalkars IPO oversubscribed more than 27 times till 4PM

Talwalkars IPO has been receiving an extraordinary response on its closing day with the IPO getting oversubscribed 27.40 times till 1600 hrs IST, as per data available on the NSE Website

The IPO was subscribed only 90% or 0.90 times on an overall basis till Day 2 of its opening with the retail portion getting bid 0.40 times till Day 2

Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'. Talwalkars Better Value Fitness Limited has been assigned an IPO Grade 3 by Credit Rating Agency CARE

Stay tuned to Indian IPO Blog for final subscription status updates on Talwalkars Better Value Fitness Limited IPO!

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