SRS Limited IPO (Initial Public Offering) : Basis of Allotment

by khalid on 16/09/2011 · 0 comments

SRS Limited IPO got oversubscribed by 1.25 times ( 5.11 times in Non Institutional Investors (NIIs) Buyers Category ). The IPO was available in primary market between 23rd August 2011 to 26th August 2011. The price band for the issue was Rs 58 at lower level and Rs 65 at upper level. The shares are issued at Rs 58, the lower level of the price band. Institutional Investors (NIIs) Category has been subscribed to the extent of 5.11 times. All the investors applied for the IPO got firm allotment in the ratio of 1:1.

Click here for full report of Basis of Allotment.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book running lead manager (BRLM) to the issue are IDBI Capital Market Services Limited, Karvy Investor Services Limited and Spa Merchant Bankers Limited.

Registrar of the Issue : Beetal Financial & Computer Services (P) Limited New Delhi.

Stay tuned to BelltheBull Blog for more on SRS Limited IPO !

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