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Personal Finance for Indian Investor => IPOs and Rights Issues => Topic started by: chetan on August 20, 2010, 10:21:09 PM

Title: Prakash Steelage - Basis of Allotment
Post by: chetan on August 20, 2010, 10:21:09 PM

The Bombay Stock Exchange has informed us about the Basis of Allotment for Retail Investors in Prakash Steelage IPO.

Shares Applied 60 120 180 240 300 360 420 480 540 600 660 720 780 840 900

Shares Allotted 60 60 60 60 60 60 68 78 88 97 107 117 126 136 145

Ratio of Allotment 6:37 23:71 37:76 46:71 72:90 77:79 1:1 1:1 1:1 1:1 1:1 1:1 1:1 1:1 1:1

The retail portion of the IPO was subscribed 6.16 and HNI 9 times. Good Luck for your Listing Gains