Jyothy Laboratories Limited IPO subscribed 0.03 times

The Initial Public Offering (IPO) of Jyothy Laboratories Limited has received 0.03 times subscription till 5:00 PM on November 23, 2007.

The issue opened for subscription on November 22, 2007 and closes for subscription on November 27, 2007.

The issue has received total bids for 112400 equity shares against the offer of 4430260 equity shares. The issue has received bids for 104920 equity shares at cut-off price.

Out of the issue, Qualified Institutional Buyers (QIBs) portion has received no bids against the offer of 2215130 shares resulting in a subscription of 0 times.

The Non Institutional Investors portion of the issue has received subscription of 0.0026 times with bids for 1750 shares against the offer of 664540 shares.

The Retail Individual Investors (RIIs) portion of the issue has received bids for 110650 shares against the offer of 1550590 shares resulting in a subscription of 0.0714 times.

Source : Equity Bulls

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