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ICRA IPO Oversubscribed 75 times

March 24, 2007

The IPO of ICRA Ltd which closed today is oversubscribed 75 times.

Qualified Institutional Buyers (QIBs) 1290550 116986920 90.6489

Non Institutional Investors 387165 27924100 72.1245

Retail Individual Investors (RIIs) 903385 48775960 53.9924

The retail part of the issue is 54 tiems oversubscribed. That means allotment for Rs 1.0 Lakh application will also be on lottery. The Ratio of allotment will be 1 : 2.7 for the Rs 1.0 lakh application. Come back to see the status of allotment here.

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