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5 Oct

Indo Thai Securities Ltd IPO Oversubscribed!

Posted October 5, 2011 by Indo Thai Securities Ltd in Business, Currency Market, Global Market, Indian Commodity Market, Indian Stock Market, Indo Thai IPO, IPO, Uncategorized. Tagged: , , , , , , , , , , , , , , , , , , , , , , , .


THANKS FOR THE SUPPORT

IPO of Indo Thai Securities was subscribed 1.18 times on final day. It received total of 4.70 million against issue size of 4 million, of which 4.39 million were obtained at a cut-off price.

Indo Thai entered the capital market with a fresh issue of 4 million equity shares of Rs.10 each, in the price band of Rs. 70 to Rs. 80 a share, aiming to raise Rs. 280-340 million. The issue, comprising about 40% of the company`s post issue paid-up capital.

www.indothai.co.in


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