Orient Green Power IPO : Basis of Allotment

by khalid on 16/10/2010 · 0 comments

Orient Green Power IPO got oversubscribed by 1.07 times ( 0.64 times in Non Institutional Investors Category ). The IPO was open on 21st September 2010 and got closed on 24th September 2010. The price band for the issue was Rs 47 at lower level and Rs 55 at upper level. The shares are issued at Rs 47, the lower level of the price band as the issue was very poorly subscribed. All the retail investors have got firm allotment. People who had applied for minimum lot of 125 shares in the retail segment were given firm allotment of 125 shares . Those who had applied for the max lot i.e. 2125 shares were given 2125 shares in retail segment.

Click here for full report of Basis of Allotment.

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