Prakash Steelage Ltd IPO : Allotment Status

by khalid on 24/08/2010 · 0 comments

Prakash Steelage Ltd is a Mumbai based manufacturers of stainless steel pipes and tubes. Prakash Steelage Ltd IPO got oversubscribed by 4.53 times (10.91 times in Non-Institutional category). The IPO was open on 5th Aug 2010 and closed on 10th Aug 2010. The price band for the issue was Rs 100 at lower level and Rs 110 at upper level. The shares are issued at Rs 110, the upper level of the price band. Details of different category subscription is as follows……

Total Issue Size : Rs. 62.50 – 68.75 Crores
No. of times issue is subscribed : 4.53%
Qualified Institutional Buyers (QIBs) : 1.27 times
Non Institutional Investors : 10.91 times
Retail Individual Investors : 6.62 times
Overall : 4.53 times

Now its allotment status is available online and can be seen in following link.

My allotment status

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