TD Power Systems IPO (Initial Public Offering) : Basis of Allotment

by khalid on 16/09/2011 · 0 comments

TD Power Systems IPO got oversubscribed by 2.92 times ( 6.52 times in Qualified Institutional Buyers (QIBs) Buyers Category ). The IPO was available in primary market between 24th August 2011 to 26th August 2011. The price band for the issue was Rs 256 at lower level and Rs 261 at upper level. The shares are issued at Rs 256, the lower level of the price band. Qualified Institutional Buyers (QIBs) Category has been subscribed to the extent of 6.52 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 Antique Capital Markets Pvt Ltd and Enam Securities Private Limited.

Registrar of the Issue : Link Intime India Private Limited Mumbai.

Stay tuned to BelltheBull Blog for more on TD Power Systems Limited IPO !

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