In the IPO front the Oil companies seems to be getting tremendous response. Intially Adani Power, NHPC debuted in the stock exchange after this Oil India get a similar response for its IPO.
The QIB category saw a wonderful response with that category being oversubscribed by 50 times. The recession times has still put the retail subscribers away from the stock market with that category being oversubscribed only 1.7 times. When this category sees heavy oversubscribtion then you can really say that the downtime for the stock market is over.
-30.82 times on the final day
- 4.02 times until third day
- 1.44 times till second day
- 1.28 times on first day
Bidding status Details:
Retail: 1.76 times
QIB: 53.83 times
Non-Institutional Investors: 10.48 times
Employees: 0.27 times
Total: 30.82 times
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