Jyothy Laboratories Limited IPO subscribed 1.27 times

The Initial Public Offering (IPO) of Jyothy Laboratories Limited has received 1.27 times subscription till 5:00 PM on November 26, 2007.

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

The issue has received total bids for 5627760 equity shares against the offer of 4430260 equity shares. The issue has received bids for 787930 equity shares at cut-off price.

Out of the issue, Qualified Institutional Buyers (QIBs) portion has received bids for 4751120 equity shares against the offer of 2215130 shares resulting in a subscription of 2.1448 times.

The Non Institutional Investors portion of the issue has received subscription of 0.0589 times with bids for 39120 shares against the offer of 664540 shares.

The Retail Individual Investors (RIIs) portion of the issue has received bids for 837520 shares against the offer of 1550590 shares resulting in a subscription of 0.5401 times.

Source : Equity Bulls

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