ElectroSteel Integrated IPO : Basis of Allotment

by khalid on 16/10/2010 · 0 comments

ElectroSteel Integrated IPO got oversubscribed by 8.23 times ( 28.58 times in Non Institutional Investors Category ). The IPO was open on 21st September 2010 and got closed on 24th September 2010. The price band for the issue was Rs 10 at lower level and Rs 11 at upper level. The shares are issued at Rs 11, the upper level of the price band. People who had applied for 4200 or more shares in the retail segment were given firm allotment of 803 shares or more. Those who had applied for the max lot i.e. 9000 shares were given 1721 shares in retail segment.

Click here for full report of Basis of Allotment.

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