Future Capital Holdings Ltd IPO – Final subscription status
January 16, 2008 · Filed Under Subscription Status · Comment
IPO of Future Capital Holdings was overall subscribed 133 times. Category was subscription is:
QIB - 181 times
Non Institutional Investors – 84 times
Retail Individual Investors – 55 times
So its all lottery. One out of 4 retail investors who have applied for maximum 128 shares will get allotment.
Reliance Power IPO – 2nd day Subscription
January 16, 2008 · Filed Under Subscription Status · Comment
Second day and Reliance Power IPO reached oversubscription to 13.85 times which does not look that impressive considering first day’s collection.