Globus Spirits IPO receives subscription of 0.11 times

The Initial Public Offering (IPO) of Globus Spirits Limited has received subscription of 0.11 times as on 5:00 PM - August 31, 2009. The IPO has received bids for 806540 equity shares against the offer of 7500000 equity shares. The issue has received bids for 102690 equity shares at cut-off price.

The Qualified Institutional Buyers (QIBs) portion of the issue has received subscription of 0.1879 times with bids for 700000 equity shares against the offer of 3725000 equity shares.

The Non Institutional Investors portion of the issue has received Nil subscription against the offer of 1117500 equity shares.

The Retail Individual Investors (RIIs) portion of the issue has received subscription of 0.0409 times with bids for 106540 equity shares against the offer of 2607500 equity shares.

The Employee Reservation portion has received Nil subscription against the offer of 50000 equity shares.

Source : Equity Bulls

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