16th October 2010

Gyscoal Alloys IPO subscribed 8.59 Times

posted in News |

The initial public offering of Gyscoal Alloys, a manufacturer of stainless steel products, has received good response from investors, especially non-institutional investors (NIIs). The issue has subscribed 8.59 times, as per NSE website.

NIIs’ reserved portion got subscribed 33.44 times followed by retail and qualified institutional investors with 8 times & 1.54 times, respectively.

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