Oil India IPO subscribed 30.81 times

The Initial Public Offering (IPO) of Oil India Limited has garnered subscription of 30.81 times till 6:00 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 30.81 times with bids for 815014470 equity shares against the total offer of 26449982 equity shares. The issue has received bids for 11598534 equity shares at cut-off price.

In NSE, the issue has received bids for 453930330 equity shares against the offer of 26449982 equity shares. The issue has received bids for 8363592 equity shares at cut-off price.

In BSE, the issue has received bids for 361273938 equity shares.

Source : Equity Bulls

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