Wednesday, November 24, 2010

Claris Lifesciences IPO - Subscription Status

Claris Lifesciences IPO got a muted response from investors. This may be due to the fact that MOIL IPO has opened around the same time as this IPO and investors have preferred that IPO over this one. The company has decided to extend the IPO close date to 2nd December and lowered the price band to Rs 228 - Rs 235 per share. The IPO got 1.5 times subscribed at the close of the IPO.

At the end of the IPO,
QII segment got subscribed by 1.31 times
NII segment got subscribed by 2.03 times
Retail segment got subscribed by 1.60 times

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