Published on Mon, Feb 09, 2009 at 02:50 | Source : Moneycontrol.com
Updated at Tue, Feb 10, 2009 at 17:18
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EdServ IPO subscribed 1.30 times
The IPO of EdServ Softsystems has received 51,49,000 bids as against issue size of 39,73,908 shares and got subscribed 1.30 times, as per NSE website data.
The IPO of EdServ Softsystems has received 51,49,000 bids as against issue size of 39,73,908 shares and got subscribed 1.30 times, as per NSE website data.
Qualified institutional, non-institutional and retail investors have helped the issue to get subscribed fully.
EdServ Softsystems, an e-learning company, had opened for subscription on February 5, 2009 with an initial public offering of 39.7 lakh equity shares of Rs 10 each. The shares are proposed to be listed on the BSE and NSE.
The price band for the issue is fixed between Rs 55 and Rs 60.
