Vaswani Industries IPO : Allotment Status Available Online.

by khalid on 13/05/2011 · 0 comments

Vaswani Industries Limited has entered the primary market with an Initial Public Offer (IPO) of 10,000,000 Equity Shares of Rs 10 each. The IPO was open on 29th Apr 2011 and got close for subscription on 3rd May 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is engaged in integrated business of manufacturing Sponge Iron, Steel Billets & Ingots and power generation. VIL is a part of Vaswani Group of Industries.

Details of different category subscription is as follows……

Total Issue Size : Rs. 49.00 Crores
No. of times issue is subscribed : 4.16 Times
Qualified Institutional Buyers (QIBs) : 0.16 times
Non Institutional Investors : 11.29 times
Retail Individual Investors : 6.83 times
Overall : 4.16 times

Allotment Status of Vaswani Industries IPO is now available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen here online in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Vaswani Industries IPO !

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