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February 4, 2008

SHRIRAM EPC LIMITED IPO Final subscription status

Stock market tumble took toll over the issue closed last week and most of them saw low subscription which would not have been case if the stock market would not have turned otherwise.

SHRIRAM EPC LIMITED IPO Final subscription status:

Overall subscription: 3.91 times

Retail Individual Investors (RIIs) category: 0.63 times

Qualified Institutional Buyers (QIBs): 6.13 times

Non Institutional Investors: 0.41 times

That means firm allotment for all retail and non-institutional investors.

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