SEA TV Network IPO : Basis of Allotment

by khalid on 16/10/2010 · 0 comments

SEA TV Network IPO got oversubscribed by 9.58 times ( 40.94 times in Non Institutional Investors Category ). The IPO was open on 27th September 2010 and got closed on 29th September 2010. The price band for the issue was Rs 90 at lower level and Rs 100 at upper level as the IPO was a fixed price issue. The shares are issued at Rs 50. People who had applied for 520 or more shares in the retail segment were given firm allotment of 65 shares or more. People who had applied for the max lot i.e. 975 shares were given 122 shares in retail segment.

Click here for full report of Basis of Allotment.

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