Muthoot Finance IPO : Basis of Allotment

by khalid on 05/05/2011 · 0 comments

Muthoot Finance Limited IPO got oversubscribed by 24.55 times ( 60.94 times in Non Institutional Investors Buyers Category ). The IPO was open on 18th Apr 2011 and got closed on 21st Apr 2011. The price band for the issue was Rs 160 at lower level and Rs 175 at upper level. The shares are issued at Rs 175, the upper level of the price band. Retail Individual Investors Category has been subscribed to the extent of 8.50 times. People who had applied for 360 or more shares in the retail segment were given firm allotment of 43 shares or more. People who had applied for the max lot i.e. 1120 shares were given 134 shares in retail segment.

Click here for full report of Basis of Allotment.

The Book Running Lead Managers (BRLM) to the offer are HDFC Bank Limited, ICICI Securities Limited and Kotak Mahindra Capital Company Limited.

Registrar of the Issue : Link Intime India Private Limited Mumbai.

Stay tuned to BelltheBull Blog for more news on Muthoot Finance IPO !

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