Onmobile IPO subscribed 10.49 times

The IPO of ONMOBILE GLOBAL LIMITED has received subscription of 10.49 times till 4:00 PM on January 29, 2008.

The IPO opened for subscription on January 24, 2008 and closes today - January 29, 2008.

The company came with IPO of 10900545 Equity Shares of Rs 10 each for cash at a price band of Rs 425 to Rs 450 through 100% Book Building process.

The IPO has received total bids for 114347790 equity shares against the offer of 10900545 equity shares. The IPO has received bids for 2649465 equity shares at cut-off price.

Source : Equity Bulls

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