Wednesday, December 8, 2010

A2Z Maintenance IPO - Subscription, Allotment and Listing

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A2Z Maintenance IPO got 0.96 times subscribed at the close of the IPO. Maximum subscription was seen at lower end of price band of Rs 400-410 per share.

At the close of the IPO,
QII segment got subscribed 0.68 times
NII segment got subscribed 3.12 times
Retail segment got subscribed 0.33 times
Employee reservation segment did not get subscribed at all

Click here to check if you have been alloted A2Z Maintenance shares!

A2Z Maintenance IPO got listed on 23rd December, 2010. The IPO closed 18% below at Rs 328 against its issue price of Rs 400 on the day of listing. The IPO touched a high of Rs 500, which was the opening price as well, and a low of Rs 318.
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