GPPL IPO bid 7.2 times till now, closes today - Indian IPO Blog

Thursday, August 26, 2010

GPPL IPO bid 7.2 times till now, closes today

Gujarat Pipavav Port IPO has managed to garner an overall subscription of 7.23 times chiefly on support from QIB Category, which is overbid 13.20 times. The IPO is subscribed just short of 1 time in the Retail Category, where the subscription figure stands at 0.92 times

Gujarat Pipavav Port Limited (GPPL), is the developer and operator of APM Terminals Pipavav, located in the Saurashtra region of Gujarat. Gujarat Pipavav Port IPO was assigned a "CRISIL IPO Grade 4/5" (Click here for more on GPPL IPO Rating from CRISIL)

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