PORWAL AUTO COMPONENTS LIMITED in the end barely managed to get fully subscribed (1.03 times). Retail investors pitched in most of it (2.44 times). QIB (0.2 times) and Non Institutional (0.48 times) remain unsubscribed.
Hard luck for all those who applied. Let us hope that the issue price is fixed at lower end of offering at Rs. 68-
Related post for PACL
- PORWAL AUTO COMPONENTS LIMITED IPO – Subscription status
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- PORWAL AUTO COMPONENTS LTD IPO - Subsription status (Penultimate day
- PORWAL AUTO COMPONENTS LTD IPO – Final subscription status
- Porwal Auto Components Limited IPO Allotment
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