Servalakshmi Paper IPO : Allotment Staus

by khalid on 01/05/2011 · 0 comments

Servalakshmi Paper Limited has entered the primary market with an Initial Public Offer (IPO) of 22,222,222 Equity Shares of Rs 10 each. The IPO was open on 27th Apr 2011 and got close for subscription on 29th Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is engaged in the business of manufacturing printing and writing paper and newsprint.

Details of different category subscription is as follows……

Total Issue Size : Rs. 60.00 Crores
No. of times issue is subscribed : 1.47 Times
Qualified Institutional Buyers (QIBs) : 0.34 times
Non Institutional Investors : 4.21 times
Retail Individual Investors : 1.90 times
Overall : 1.47 times

Allotment Status of Servalakshmi Paper IPO is now available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen here online in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Servalakshmi Paper IPO !

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