Tree House Education IPO (Initial Public Offering) : Basis of Allotment

by khalid on 29/08/2011 · 0 comments

Tree House Education Limited IPO got oversubscribed by 1.85 times ( 2.76 times in Retail Individual Investors (RIIs) Buyers Category ). The IPO was open on 10th August 2011 and got closed on 12th August 2011. The price band for the issue was Rs 135 at lower level and Rs 153 at upper level. The shares are issued at Rs 135, the lower level of the price band. Retail Individual Investors Category has been subscribed to the extent of 2.76 times. People who had applied for 120 (3 lots) or more shares in the retail segment were given firm allotment of 45 shares or more. People who had applied for the max lot i.e. 1520 shares (38 Lots) were given 572 shares in retail segment.

Click here for full report of Basis of Allotment.

The Book running lead managers to the issue are JM Financial Consultants and Motilal Oswal Investment Advisors .

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

Stay tuned to BelltheBull Blog for more on Tree House Education IPO !

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