Wednesday, December 29, 2010

Shekhawati Poly-Yarn IPO - Subscription, Allotment, Listing

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Shekhawati Poly-Yarn IPO got subscribed 18 times as per information provided by its registrar Sharex Dynamic (India) Pvt Ltd.

Click here to check if you have been alloted Shekhawati Poly-Yarn shares!

The IPO got listed on 13th Jan, 2010. The scrip touched an intraday high of Rs 69.70, a premium of Rs 130% over an issue price of Rs 30. The stock closed at Rs 47.50, up 58.3% on Bombay Stock Exchange.

There was huge difference between closing prices on both exchanges. On NSE, the stock closed at Rs 32.05, up 6.83% after hitting a high of Rs 69.70 and low of Rs 30.7.

Since it was a fixed price issue, hence the complete information about the subscription will be disclosed by next week, the registrar says
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