Indosolar Ltd IPO : Basis of Allotment

by khalid on 06/10/2010 · 0 comments

Indosolar Ltd IPO got oversubscribed by 1.55 times (1.81 times in Retail ). 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. People who had applied for 400 or more shares in the retail segment were given firm allotment of 255 shares. People who had applied for the max lot i.e. 3400 shares were given 2166 shares in retail segment.

Click here for full report of Basis of Allotment.

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