Dalal Street Investments
Top

Transformers and Rectifiers Subscribed 91 Times

December 12, 2007

The IPO of Transformers and Rectifiers India Ltd for which we have a subscribe recommendation is subscribed 91 times until 11:00 PM on the final closing day.

The retail portion of the issue is subscribed 58.61 times until 11:00 PM. The fate of all applications in retail category will be decided by lottery. The final subscription figures are as follows.

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) 1707000 188674050 110.5296

2 Non Institutional Investors 284500 34622610 121.6963

3 Retail Individual Investors (RIIs) 853500 50027460 58.6145

Allotment for Rs 100,000 application will be in the ratio of 1:4. Transformers and Rectifiers India [T&R India] IPO allotment status can be checked here around Dec-27th. Grey market premium is around Rs 400.

The allotment status of Jyothy Laboratories IPO is now available here.

Comments

Got something to say?






Bottom