Saturday, August 1, 2009

Adani Power IPO - Subscription

Adani Power IPO witnessed huge investors' interest and was subscribed 21.64 times. The issue received bids for more than 538 crore shares as against the issue size of 30,16,52,031 shares.

At the close of the IPO,
QII segment was subscribed by 39.48 times
NII segment was subscribed by 8.62 times
Retail segment was subscribed by 2.97 times
Employee reservation was subscribed by 0.11 times

The interest in IPOs is definitely back with investors - in all segments. The IPO is expected to list around 20th August.

Watch out this blog for all the updates on the Adani Power IPO Listing!

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