24th
December
2007
Precision Pipes IPO Subscribed 10 Times
posted in IPO |
The initial public offer of Precision Pipes and Profiles Company, a Delhi-based OEM supplier to the automobile industry, has received good response, subscribed 10.35 times, as per NSE website.
The public issue received bids for 5.54 crore equity shares as against 53.57 lakh shares on offer.
Subscription Details
Qualified institutional buyers - 5.03 (Times)
Non institutional investors - 8.58 (Times)
Retail individual investors - 18.70 (Times)
Total - 10.35 (Times)
This entry was posted
on Monday, December 24th, 2007 at 8:55 am and is filed under IPO.
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