Sudar Garments IPO : Allotment Staus

by khalid on 10/03/2011 · 0 comments

Sudar Garments IPO was open on 21st Feb 2011 and get closed on 24th Feb 2011. The price band for the issue was Rs 72 at lower level and Rs 77 at upper level. The shares are issued at Rs 77, the upper level of the price band. Sudar Garments Limited is a leading manufacturer and exporter for readymade garments specialized in elegant Shirts, Trousers and wide range of apparel for Men, Women & Kids. The company is presently manufacture under its own brand name “Glory to Glory” and will be launching shortly two more brands namely ‘St. Paul’ and ‘Majesty’.

Details of different category subscription is as follows……

Total Issue Size : Rs. 69.98 Crores
No. of times issue is subscribed : 1.55 Times
Qualified Institutional Buyers (QIBs) : 0.17 times
Non Institutional Investors : 4.47 times
Retail Individual Investors : 2.27 times
Overall : 1.55 times

Now the allotment status of Sudar Garments IPO is available online and can be seen in following link :-
My allotment status

Stay tuned to BelltheBull Blog for more on Sudar Garments IPO !

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