Tuesday, October 13, 2009

IPO Updates: Subscription details for Indiabulls Power IPO, ABAP Option available

Indiabulls Power IPO got overwhelming response on the very first day from the investors. At the
e of day3 the subscription details are as below:

1. QIBs : 40.4942
2. HNIs: 5.7636
3. Retail: 1.0913

Overall: 21.84

The issue is opened for subscription from October 12 to October 15 for subscription with 39.07 crore equity shares shares, including a green shoe option of retaining 5.09 crore equity shares.
Price band is fixed at Rs 40-45 per equity share and lot size is of 150 equity shares and in multiples of 150 shares thereafter.
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