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    Taksheel Solutions Limited, s IPO Subscribed 1.18 TIMES (IPO closing on 4th October 2011)

    Published on October 4, 2011

    by NR INDRAN / INT

    Mumbai : Taksheel Solutions Limited, IPO subscribed  1.18 times ,one day prior to the closing day. The company opened its maiden public issue with 55, 00,000 equity shares on 29th September, 11  and will be closing on  4th October,11, In consultation with the Book Running Lead Manager (BRLM) the issue is in the Price Band of Rs. 130 to Rs. 150 per equity share of face value of Rs. 10.

    One day prior to the closing  of IPO, the QIB is  oversubscribed 0.24 times, HNI oversubscribed by  2.32 times and Retail quota is oversubscribed by 2.03 times, totaling it to overall subscription to 1.18 times.

    You can contact author @ [email protected]

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