Prakash Steelage Ltd IPO : Basis of Allotment

by khalid on 13/09/2010 · 0 comments

Prakash Steelage Limited IPO got oversubscribed by 4.53 times (1.27 times in QIB). 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. People who had applied for 420 or more shares in the retail segment were given firm allotment of 78 shares. People who applied for the max lot i.e. 900 shares were given 145 shares in retail segment.

Click here for full report of Basis of Allotment.

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