Published on Fri, Jul 20, 2007 at 09:29 | Source : Moneycontrol.com
Updated at Fri, Jul 20, 2007 at 11:56
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Omaxe IPO oversubscribed 8.6 times
Omaxe, a real estate player, is open for subscription with a public issue of 1.78 crore equity shares of Rs 10 each. Overall it has subscribed 5.75 times. Qualified institutional investors have been giving good support with subscription of 8.6 times.
Omaxe, a real estate player, is open for subscription with a public issue of 1.78 crore equity shares of Rs 10 each with an additional green shoe option of upto 17.50 lakh equity shares in the band of Rs 265 to Rs 310 per share on July 17.
The issue closes today. Overall it has subscribed 5.75 times.
Qualified institutional investors have been giving good support with subscription of 8.6 times followed by HNI subscribed 3.27 times and retail 1.17 times.
