Indiabulls Power IPO : Overwhelming Response

by khalid on 13/10/2009 · 2 comments


Indiabulls Power’s IPO has received an overwhelming response on the very first day. The issue was subscribed 5.95 times, as per the data available on the NSE website.

Qualified Institutional Investors (QIB) and Non Institutional Investors supported the Indiabulls Power’s issue on the very first day (12th Oct 09). Their reserved portion got subscribed 10.86 times and 2 times, respectively. Retail investors’ portion remained undersubscribed.

The total IPO size of the company along with the green shoe option stands at 39.07 crore shares. Of this, the IPO would be of 33.98 crore equity shares of Rs 10 each and a green shoe option of up to 5.09 crore equity shares.

Allotment status can be seen here after the IPO is closed :- My Allotment Status

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{ 2 comments… read them below or add one }

Polprav October 23, 2009

Hello from Russia!
Can I quote a post in your blog with the link to you?


khalid October 28, 2009

Yes you can and most welcome.


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