Indus Fila Ltd IPO receives subscription of 1.43 times

The Initial Public Offering of Indus Fila Ltd received bids for 1.43 times of the issue. The company offered 4843789 Equity Shares to investors.

The IPO was open for subscription from February 12, 2007 to February 14, 2007.

The issue received bids for 6948504 equity shares compared to the total issue size of 4843789 shares. Bids for 906840 equity shares were received at cut-off price.

The Qualified Institutional Bidders (QIBs) portion of the issue received bids for 2890728 shares against the offer of 2421895 shares resulting in a subscription of 1.1936 times. The Non Institutional Investors portion received bids for 2807640 equity shares against the offer of 726568 shares. The Retail Individual Investors (RIIs) portion received subscription for 0.7374 times, with bids for 1250136 shares against the offer of 1695326 equity shares.

Source : Equity Bulls

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