Monday, February 21, 2011

Sudar Garments Limited - Subscription, Allotment and Listing

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Sudar Garments Limited IPO managed to get fully subscribed on the last day. The IPO got subscribed 1.55 times at the close.

At the close of the IPO,
QII segment got subscribed 0.17 times
NII segment got subscribed 4.47 times
Retail segment got subscribed 2.27 times

Click here to check if you have been alloted Sudar Garments shares!

Sudar Garments IPO got listed on 11th March. As against the issue price of Rs 77, the Sudar Garment equity share intra-day jumped to Rs 117.70 before closing for the day at Rs 113.10, recording a gain of Rs 36 or 47%.
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