Sunday, February 3, 2008

Shriram EPC IPO - Subscription Status

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Shriram EPC IPO has not been able to get fully subscribed in all segments. However overall it has been oversubscribed by 3.91 times. [We had recommended our readers to not invest in this IPO - check the earlier post on analysis on the IPO]

QII segment has been subscribed by 6.13 times

NII segment has been subscribed by 0.41 times

Retail segment has been subscribed by 0.63 times

The price range of the issue was Rs 290 to Rs 330. Since the issue has not been fully subscribed, the investors may get the shares at Rs 290. The issue is expected to be listed in february.

Click on this link to view the allotment Status!

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