Engineers India IPO Allotment Status is declared and now available online

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Engineers India FPO, which closed for QIB Bidders yesterday is bid 11.63 times till Day 3 with QIB Category getting an awesome 23.43 times oversubscription. The IPO closes today, i.e. on Friday, July 30, 2010 for the other categories

EIL FPO has managed to garner 41% response in the Retail Category till July 29, 2010, while the HNI category is bid 0.14 times till now. EIL IPO consists of  33,693,660 Equity Shares of Rs.5/- each in a price band of Rs.270/- to Rs.290/- per equity share. Retail Investors will be given a discount of 5% on the Issue Price

Stay tuned for latest updates on EIL FPO Subscription Status!

QIB: 23.43 times
Non-Institutional Investors: 0.14 times
Retail: 0.41 times
Employees: 0.10 times
Overall: 11.63 times

QIB: 0.94 times
Non-Institutional Investors: 0.02 times
Retail: 0.13 times
Employees: 0.03 times
Overall: 0.51 times

Engineers India FPO, which opened for subscription from yesterday, July 27, 2010 has received negligible response on its opening day. The Retail Category is subscribed at about 0.04 times, receiving bids for 408240 Equity Shares as against 11543581 reserved for the category. (Click here for Engineers India FPO Subscription Status on First Day)

Engineers India Limited (EIL) was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL is working under the administrative control of Ministry of Petroleum and Natural Gas (MoP & NG), Government of India

QIB: 0.00 times
Non-Institutional Investors: 0.00 times
Retail: 0.04 times
Employees: 0.00 times
Overall: 0.01 times

Issue Size: 33,693,660 Equity Shares of Rs.5/- each
Issue Opens on: Tuesday, July 27, 2010
Issue Closes on: Friday, July 30, 2010
Price Band: Rs.270/- to Rs.290/- per equity share
Bid Lot: 20 Equity Shares and in multiples thereof
Lead Manager: HSBC Securities & Capital Markets Pvt. Ltd., ICICI Securities Ltd., IDFC-SSKI Pvt. Ltd., SBI Capital Markets Ltd.
Registrar: Link Intime India Pvt. Ltd.

- Draft Red Herring Prospectus (SEBI)

- Red Herring Prospectus (NSE)

The state-run Engineers India Limited (EIL) is coming up with an Initial Public Offer of 3,36,93,660 Equity Shares, each having a Face Value of Rs.5/- each, which would open for subscription from Tuesday, July 27, 2010

Engineers India Limited (EIL) was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. EIL is working under the administrative control of Ministry of Petroleum and Natural Gas (MoP&NG), Government of India. In addition to Petroleum Refineries, with which EIL started initially, over the years it has diversified in various other fields

Check back regularly for the latest updates on Engineers India Limited IPO!