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Austral Coke IPO subscribed 1.65 times

Austral Coke & Projects received bids for 1.65 times the shares on offer in its initial public sale till 5 p.m. and the issue closes on Aug 13

13 Aug 2008

Austral Coke & Projects received bids for 1.65 times the shares on offer in its initial public sale till 5 p.m. and the issue closes on Aug 13. The shares were offered in a price band of Rs 164-196 each.

The public issue of Rs 142.29 crore received bids for 97.83 lakh shares against 119.75 shares on offer, around 16.12 lakh bids were received at the cut off price.

Qualified institutional buyers and non-institutional investors subscribed 1.29 times and 4.13 times respectively. Retail investors subscribed 0.23 times only.



44.58 Lakh satisfied customers till Dec 2016
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