Indosolar Limited IPO : Allotment Staus

by khalid on 25/09/2010 · 0 comments

Indosolar Limited is a leading Indian manufacturer for photovoltaic cells. Indosolar manufactures poly-crystalline solar photo-voltaic (SPV) cells from silicon wafers utilizing crystalline silicon SPV cell technology for converting sunlight directly into electricity through a process known as the photo-voltaic effect. The IPO was open on 13th Sep 2010 and get closed on 15th Sep 2010. The price band for the issue was Rs 29 at lower level and Rs 32 at upper level. The shares are issued at Rs 32, the upper level of the price band. Details of different category subscription is as follows……

Total Issue Size : Rs. 357.00 Crores
No. of times issue is subscribed : 1.55 Times
Qualified Institutional Buyers (QIBs) : 1.44 times
Non Institutional Investors : 1.30 times
Retail Individual Investors : 1.81 times
Overall : 1.55 times

Now its allotment status is available online and can be seen in following link :-
My allotment status.

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