Subject: Upcoming IPO - M & B Switchgears / IPO Allotment - PG Electroplast
1. M and B Switchgears is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 180/- at lower level and Rs 186/- at upper level.
M and B Switchgears Ltd is engaged in manufacturing of distribution transformers, power transformers, furnace/rectifier transformers and special purpose transformers.
The issue opens on Sep 28, 2011 and closes for subscription on Oct 05, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Visit M and B Switchgears Ltd IPO page for M and B Switchgears IPO Detail, M and B Switchgears IPO GMP, M & B Switchgears IPO Premium and M and B Switchgears IPO Reviews.
2. PG Electroplast IPO allotment status is now available online.
PG Electroplast IPO was open on Sep 07, 2011 and closed on Sep 12, 2011. IPO was oversubscribed by 1.34 times (1.64 times in retail) on closing day.
Visit PG Electroplast IPO page to check your application status.
3. Prakash Constrowell IPO finally subscribed 2.21 times on its closing day. Prakash Constrowell IPO was open on September 19, 2011 and closed today on September 21, 2011 for subscription. Prakash Constrowel has received bids for 1,01,96,600 shares as against issue size of 46,15,385 shares.
Subscription Detail for Day 3 (Closing Day)
Qualified Institutional Buyers (QIBs): 0.31 Times
Non Institutional Investors: 2.76 Times
Retail Individual Investors (RIIs): 4.68 Times
Total: 2.21 Times
Visit Prakash Constrowell IPO page for Prakash Constrowell IPO Bidding, Prakash Constrowell IPO GMP, Prakash Constrowell IPO Premium and Prakash Constrowell IPO Reviews.
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