Wednesday, February 20, 2008

V-Guard IPO - Subscription Status

V-Guard IPO has got decent response from investors considering some of the issues which were either pulled out or delayed because of the volatility in the secondary markets. The issue has been subscribed by over 3 times at the close of the IPO.

At the close of the IPO,
QII segment was subscribed by 1.74 times
NII segment was subscribed by 2.91 times
Retail segment was subscribed by 4.24 times
Employee reservation segment was subscribed by 0.85 times

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