Engineers India FPO : Basis of allotment

by khalid on 13/08/2010 · 0 comments

Engineers India FPO got oversubscribed by 13.36 times (2.99 times in Retail). The FPO was open on 27th Jul 2010 and closed on 30th Jul 2010. The price band for the issue was Rs 270 at lower level and Rs 290 at upper level. The shares are issued at Rs 290, the upper level of the price band. People who had applied for 20 or more shares in the retail segment were given firm allotment of 21 shares and more accordingly. People who applied for the max lot i.e. 340 shares were given 1186 shares in retail segment.

Click here for full report of Basis of Allotment.

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