Tuesday, April 19, 2011

Muthoot Finance IPO - Subscription, Allotment, Listing

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Muthoot Finance IPO has got great response from investors after a slow opening. The IPO got over 24 times subscribed at the close of the IPO.

At the close of the IPO,
QII segment got subscribed 25.01 times
NII segment got subscribed 60.94 times
Retail segment got subscribed 8.50 times

Click here to check if you have been alloted Muthoot Finanace shares!

Muthoot Finance IPO had a flat listing and closed just 2% above its issue price. Not good news for investors when the IPO got over 24 times subscribed.
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