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| Indiabulls Power IPO subscribed 6 times on Day 1 |
| BS Reporter / Mumbai Oct 12, 2009, 18:24 IST |
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Indiabulls Power IPO was subscribed 5.95 times on combined (BSE +NSE) basis.
The issue has received bids for 1.66 billion shares as against the issue size of 278.63 million shares. Maximum bids were received at the higher end of the price band.
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(Updated at 1443hrs)
Indiabulls Power IPO as of 1400 hours is subscribed 5.21 times on combined (BSE + NSE) basis.
The issue has received bids for 1.45 billion shares as against the issue size of 278.64 million shares. Maximum bids are received at the higher end of the price band.
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(Updated 1217 hrs)
Indiabulls Power IPO as of noon is now subscribed 4.53 times on combined (BSE + NSE) basis.
The issue has received bids for 1.26 billion shares as against the issue size of 278.64 million shares. Maximum bids are received at the higher end of the price band.
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(Updated at 1110 hrs)
Indiabulls Power IPO has received an overwhelming respone, with the issue subscribed over two-times in the first hour itself.
The company has received bids for 562.14 million shares as against the issue size of 278.64 million shares, as per data on the NSE website. Most of the bids are received at the higher end of the price band.
The Indiabulls Power IPO is priced in the range of Rs 40-45, and subscription closes on October 15, 2009.
Also read: Indiabulls Power raises Rs 270 crore from anchor investors
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