Bedmutha Industries IPO : Basis of Allotment

by khalid on 16/10/2010 · 0 comments

Bedmutha Industries IPO got oversubscribed by 7.69 times ( 29.19 times in Non Institutional Investors Category ). The IPO was open on 28th September 2010 and got closed on 1st October 2010. The price band for the issue was Rs 95 at lower level and Rs 102 at upper level. The shares are issued at Rs 102, the upper level of the price band. People who had applied for 455 or more shares in the retail segment were given firm allotment of 73 shares or more. People who had applied for the max lot i.e. 975 shares were given 157 shares in retail segment.

Click here for full report of Basis of Allotment.

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