Gujarat Pipavav Port IPO : Basis of Allotment

by khalid on 13/09/2010 · 0 comments

Gujarat Pipavav Port IPO got oversubscribed by 19.94 times (9.15 times in Retail ). The IPO was open on 23rd Aug 2010 and closed on 26th Aug 2010. The price band for the issue was Rs 42 at lower level and Rs 48 at upper level. The shares are issued at Rs 48, the upper level of the price band. People who had applied for 1300 or more shares in the retail segment were given firm allotment of 136 shares. People who had applied for the max lot i.e. 2080 shares were given 218 shares in retail segment.

Click here for full report of Basis of Allotment.

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