Monday, February 21, 2011

Acropetal Technologies Ltd - Subscription, Allotment and Listing

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Acropetal Technologies IPO finally managed to get fully subscribed on the last day. At the close of the IPO, Acropetal managed to get 1.28 times subscribed.

At the close of the IPO,
QII segment got subscribed by 1.12 times
NII segment got subscribed by 2.00 times
Retail segment got subscribed by 1.21 times

Click here to check if you have been alloted Acropetal shares!

Acropetal Technologies IPO got listed on 10th March. The share settled at Rs 96.80, with gain of nearly 8% on the National Stock Exchange as against issue price of Rs 90 on first day. The stock touched an intraday high of Rs 140 and low of Rs 87.40, after opening at Rs 92 a share.
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