Aishwarya Telecom IPO subscribed 3.65 times

The Initial Public Offering (IPO) of Aishwarya Telecom Ltd which opened for subscription on April 15, 2008 has received subscription of 3.65 times as of 11:00 AM on 17-April-2008.

The IPO has received bids for 14582600 equity shares against the offer of 4000000 shares.

The issue has received bids for 774800 equity shares at cut-off price.

The IPO closes for subscription today - April 17, 2008.

Source : Equity Bulls

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