VMS Industries IPO (initial public offering) : Basis of Allotment

by khalid on 16/06/2011 · 0 comments

VMS Industries Limited IPO (initial public offering) got oversubscribed by 1.36 times ( 3.41 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 36 at lower level and Rs 40 at upper level. The shares are issued at Rs 40, the upper level of the price band. Retail Individual Investors Category has been subscribed to the extent of 3.41 times. People who had applied for 320 (2 lot) or more shares in the retail segment were given firm allotment of 204 shares or more. People who had applied for the max lot i.e. 4960 shares (31 Lots) were given 3160 shares in retail segment.

Click here for full report of Basis of Allotment.

The Sole Book running lead manager (BRLM) to the issue is Ashika Capital Limited.

Registrar of the Issue : Cameo Corporate Services Limited

Stay tuned to BelltheBull Blog for more on VMS Industries IPO !

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