20th October 2008

Alkali Metals IPO Subscribed Fully

posted in IPO |

The IPO of Alkali Metals has received bids for 26,24,700 shares as against issue size of 25,50,000 shares and is subscribed 1.03 times, as per NSE website. The issue had opened on October 7, 2008.

The company’s public issue of 25,50,000 equity shares in the price band of Rs 90 to Rs 105 per equity share was scheduled to close on October 10, 2008 but was extended to October 15, 2008 due to adverse market conditions. The price band was also revised to 86 to Rs 103 per equity share.

This entry was posted on Monday, October 20th, 2008 at 2:47 am and is filed under IPO. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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