Techpro Systems Limited IPO : Basis of Allotment

by khalid on 15/10/2010 · 0 comments

Techpro Systems Limited IPO got oversubscribed by 24.47 times ( 62.48 times in Non Institutional Investors Category ). The IPO was open on 23rd September 2010 and got closed on 28th October 2010. The price band for the issue was Rs 340 at lower level and Rs 355 at upper level. The shares are issued at Rs 355, the upper level of the price band. People who had applied for 135 or more shares in the retail segment were given firm allotment of 16 shares or more. People who had applied for the max lot i.e. 270 shares were given 31 shares in retail segment.

Click here for full report of Basis of Allotment.

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