Subject: Gujarat Pipavav Port Ltd (GPPL) IPO finally subscribed 19.94 times

Hello Friend,

Gujarat Pipavav Port Ltd (GPPL) IPO finally subscribed 19.94 times on its closing day. GPPL IPO was open on Aug 23, 2010 and closed today on Aug 26, 2010 for subscription. Gujarat Pipavav has received bids for 2,20,21,22,650 shares as against issue size of 11,04,23,186 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 13.20 Times

Non Institutional Investors: 85.70 Times

Retail Individual Investors (RIIs): 9.15 Times

Employee: 0.09 Times

Total: 19.94 Times

Click on the below link for detail info about Gujarat Pipavav Port Ltd (GPPL) IPO

http://www.chittorgarh.com/ipo/ipo_detail.asp?a=256

Good Luck
Chittorgarh.com Team