Indosolar Limited IPO Allotment Status is declared and can now be checked online

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Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

QIB: 1.44 times
Non-Institutional Investors: 1.30 times
Retail: 1.81 times
Overall: 1.55 times

Indosolar Limited IPO, which had opened for subscription from Monday, September 13, 2010, has been subscribed 0.33 times on an overall basis till Day 2, i.e. till Tuesday, September 14, 2010. The IPO has garnered about 38% subscription in the Retail Category till Day 2

Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

Indosolar IPO had received an IPO Grade 3/5 from credit rating agency CRISIL. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and Grade 5 indicating strong fundamentals. This grade as per CRISIL, indicates that the company has 'Average Fundamentals'

QIB: 0.38 times
Non-Institutional Investors: 0.05 times
Retail: 0.38 times
Overall: 0.33 times

Indosolar Limited IPO has been subscribed 0.14 times on an overall basis on its first day. The IPO has received 25% subscription from the Retail Category on the opening day, whereas QIB is bid 0.10 times till Day 1

Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

Indosolar Limited IPO would remain open for subscription till Wednesday, September 15, 2010. Stay tuned for latest bidding status update on Indosolar Limited IPO!

Indosolar IPO had received an IPO Grade 3/5 from credit rating agency CRISIL. CRISIL assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and Grade 5 indicating strong fundamentals. This grade as per CRISIL, indicates that the company has 'Average Fundamentals'

Indosolar Limited manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect

Indosolar IPO is open for subscription between Monday, September 13, 2010 and Wednesday, September 15, 2010. Stay tuned to Indian IPO Blog for latest updates on Indosolar IPO!

QIB: 0.10 times
Non-Institutional Investors: 0.05 times
Retail: 0.25 times
Overall: 0.14 times

Issue Opens on: Monday, September 13, 2010
Issue Closes on: Wednesday, September 15, 2010
Price Band: Rs.29/- to Rs.32/- per equity share
Bid Lot: 200 Equity Shares and in multiples thereof
Lead Manager: Enam Securities Pvt. Ltd.
Registrar: Link Intime India Pvt. Ltd.