Timbor Home IPO (initial public offering) : Basis of Allotment

by khalid on 18/06/2011 · 0 comments

Timbor Home Limited IPO got oversubscribed by 5.78 times ( 14.22 times in Retail Individual Investors (RIIs) Buyers Category ). The IPO was open on 30th May 2011 and got closed on 2nd Jun 2011. The price band for the issue was Rs 54 at lower level and Rs 63 at upper level. The shares are issued at Rs 63, the upper level of the price band. Retail Individual Investors Category has been subscribed to the extent of 14.22 times. People who had applied for 1000 (10 lot) or more shares in the retail segment were given firm allotment of 100 shares or more. People who had applied for the max lot i.e. 3100 shares (31 Lots) were given 305 shares in retail segment.

Click here for full report of Basis of Allotment.

The Sole Book running lead manager (BRLM) to the issue is Corporate Strategic Allianz Limited.

Registrar of the Issue : Purva Sharegistry (India) Private Limited

Stay tuned to BelltheBull Blog for more on Timbor Home IPO !

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