Tarapur Transformers IPO finally subscribed 1.74 times

Tarapur Transformers IPO, which closed for subscription today, i.e. on Wednesday, April 28, 2010, has been finally subscribed 1.74 times on an overall basis. However, there has been a feeble subscription from the QIB Category, which is subscribed only 0.03 times

Retail Category has received bids for 8146620 Equity Shares as against 2975000 Equity Shares reserved for the Category, thus making the category oversubscribed by 2.74 times

Click here to check out Tarapur Transformers IPO Subscription Status (Final)