Oil India IPO subscribed 24.27 times

The Initial Public Offering (IPO) of Oil India Limited has garnered subscription of 24.27 times till 3:00 PM on Thursday - September 10, 2009. The IPO opened for subscription on Monday - September 7, 2009 and closes today - September 10, 2009.

The IPO has received subscription of 24.27 times with bids for 642065616 equity shares against the total offer of 26449982 equity shares. The issue has received bids for 6258432 equity shares at cut-off price.

In NSE, the issue has received bids for 423677694 equity shares against the offer of 26449982 equity shares. The issue has received bids for 5695518 equity shares at cut-off price.

In BSE, the issue has received bids for 355636068 equity shares.

Source : Equity Bulls

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