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Justdial IPO subscribed 12 times on last day

The IPO of Justdial was subscribed 12 times over, with every share in this year's largest IPO receiving a dozen bids

The company has fixed the issue price band at Rs 470-543 and will give Rs 47 (10% to the floor price) discount to retail investors

The IPO, which does not have issue of fresh shares, would see promoters offloading 17.49 million shares

It also provides consumers access to user reviews/ ratings which aids them in informed decisions

The IPO price band of Rs 130-132 leaves little room for appreciation

The company is coming out with a fresh issue of equity shares to raise Rs 13 cr

Company	Offer Price	Opens On	Closes On
India Finsec Ltd	10	May 24,2013	May 28,2013

Company	IPO Price	Latest Price	List Date
Ashapura Inti.	40	73.00	Apr 15,2013
Samruddhi Realty	12	24.25	Apr 12,2013
GCM Securit.	20	82.85	Apr 05,2013
Lakhotia Poly.	35	35.00	Apr 04,2013
Repco Home Fin	172	216.05	Apr 01,2013
Bothra Metals	25	27.60	Mar 25,2013
HPC Biosci.	35	52.30	Mar 19,2013

* IPO Price unadjusted