Indiabulls Power shares listed in Share Market on 30th Oct 09 at Rs 45.05 just near its issue price of Rs 45. It touched an intraday high of Rs 45.05 and intraday low of Rs 35.35. Share disappoints investors on its its first trading session at a hefty discount of 15.11%. The share closed at Rs 38.20 on the NSE.

The issue had opened for subscription during October 12-15 with 39.07 crore equity shares, including a green shoe option of retaining 5.09 crore equity shares. It received an overwhelming response from investors, especially QIBs (qualified institutional investors) and was subscribed 21.84 times.

Related articles by Zemanta

• Thinksoft Global rises over 32% on listing day (bellthebull.com)

Related posts:

1. Indiabulls Power IPO : Listing Date Indiabulls Power Ltd. shares are going to list tomorrow,...
2. Indiabulls Power IPO : Overwhelming Response Indiabulls Power’s IPO has received an overwhelming response on...
3. Indiabulls Power IPO : Price band decided Indiabulls Power is almost fixes a price band of...
4. Indiabulls Power IPO : Opening on 12th Oct 09 Indiabulls Power is a subsidiary of Indiabulls Realty, informed...
5. Indiabulls Power IPO : Allotment status Indiabulls Power is a subsidiary of Indiabulls Realty had...

Related posts brought to you by Yet Another Related Posts Plugin.