Thursday, October 29, 2009

IPO Updates: Astec Life Science IPO subscribed 0.27 on it's first day, Avoid this IPO: Experts

Subscription status for Astec LifeScience Limited IPO: (At the end of Day 2)

1. QIBs : 0.5220
2. HNIs: 0.0000
3. Retail: 0.4473
4. Employee: 0.0270

Overall: 0.4100


Astec LifeScient Limited got Grade 2 by CARE, means as per CARE, company has below average fundamentals.

Expterts review: Avoid this IPO


Keywords: Astec LifeScience Limited, Astec LifeScience Limited IPO, Astec LifeScience Limited subscription details
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