Aster Silicates IPO receives fragile response on the First Day - Indian IPO Blog

Thursday, June 24, 2010

Aster Silicates IPO receives fragile response on the First Day

Aster Silicates IPO which opened for subscription today, has received a feeble response on its opening day with only 3% subscription on an overall basis. The IPO has received bids only in Retail Category which is bid 0.0941 times on First Day

Aster Silicates Ltd. is engaged in the business of manufacturing of sodium silicate which includes food grade sodium silicate, special drilling grade silicate and detergent grade silicate. The IPO would remain open till Monday, June 28, 2010

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