Ashoka Buildcon IPO : Basis of Allotment

by khalid on 16/10/2010 · 0 comments

Ashoka Buildcon IPO got oversubscribed by 15.94 times ( 25.52 times in Qualified Institutional Investors Category ). The IPO was open on 24th September 2010 and got closed on 28th September 2010. The price band for the issue was Rs 297 at lower level and Rs 324 at upper level as the IPO was a fixed price issue. The shares are issued at Rs 324. People who had applied for 84 or more shares in the retail segment were given firm allotment of 23 shares or more. Those who had applied for the max lot i.e. 294 shares were given 81 shares in retail segment.

Click here for full report of Basis of Allotment.

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