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Mundra IPO Oversubscribed by 115 times

November 7, 2007

The IPO of Mundra Port and SEZ was oversubscribed 115 times at 21:00 HRS, IST. The Retail Individual Portion of the IPO is subscribed by 15.58 16.19 times. As I had already told, if the issue is subscribed more than 15 times then it may go for lottery, so looks like it will go for Lottery or depends on the allotment committee. Here are the final subscription figures.

Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 24060000 3839905170 159.5971

2 Non Institutional Investors 4010000 627371400 156.4517

3 Retail Individual Investors (RIIs) 12030000 194814525 16.1941

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