PG Electroplast IPO got oversubscribed by 1.34 times ( 1.84 times in Non Institutional Investors (NIIs) Buyers Category ). The IPO was available in primary market between 7th September 2011 to 12th September 2011. The price band for the issue was Rs 190 at lower level and Rs 210 at upper level. The shares are issued at Rs 210, the upper level of the price band. Non Institutional Investors Buyers (NIIs) Category has been subscribed to the extent of 1.84 times. All the investors applied for the IPO got firm allotment in the ratio of 1:1.
The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Sole Book running lead manager (BRLM) to the issue is Almondz Global Securities Limited .
Registrar of the Issue : Karvy Computershare Private Limited Hyderabad.
Stay tuned to BelltheBull Blog for more on PG Electroplast IPO !