Thursday, May 29, 2008

Niraj Cement IPO - Subscription Status

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Niraj Cement has opened for subscription with its initial public offering (IPO) of 32,50,000 equity shares of face value Rs 10 each. The issue will close on May 30, 2008. The price band has been fixed at Rs 175-190 per equity share. The issue was subscribed 1.74times at the close of the IPO.

At the close of day on 30th May, 2008:
QII segment has not been subscribed at all
NII segment has been subscribed 4 times
Retail segment has been subscribed 3.8 times
Employee reservation segment has not been subsribed 0.003 times

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