MT Educare IPO (Initial Public Offering) : Allotment Status Available Online

by khalid on 10/04/2012 · 0 comments

MT Educare IPO

MT Educare Limited IPO was was open on 27th March 2012 and the shares were available for subscription up to 29th March 2012. The premium of the issue has been decided through a 100% Book Building Process. MT Educare Limited is a coaching providing company stablished by Mr Mahesh R. Shetty and having presense in almost all over India. They help students to build their academic records in the level of secondary and higher secondary level. They also help students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.

Details of different category subscription is as follows……

Total Issue Size : Rs 35.00 Crores
No. of times issue is subscribed : 4.80 Times
Qualified Institutional Buyers (QIBs) : 6.01 times
Non Institutional Investors : 8.00 times
Retail Individual Investors : 2.17 times
Overall : 4.80 times

Allotment Status of MT Educare IPO is now available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen here online in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more on MT Educare IPO !

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