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    HomeNewsBusinessIPOTimbor Home sets issue price at Rs 63/share

    Timbor Home sets issue price at Rs 63/share

    Timbor Home, a manufacturer-retailer having a pan-India presence with more than 80 exclusive stores of kitchen, has fixed issue price at higher end of price band of Rs 54-63 a share.

    June 09, 2011 / 17:29 IST

    Timbor Home, a manufacturer-retailer having a pan-India presence with more than 80 exclusive stores of kitchen, has fixed issue price at higher end of price band of Rs 54-63 a share.

    The issue was subscribed 5.78 times, as per data available on NSE. Retail investors were the leading participants in the issue. Their portion was subscribed 14.22 times.

    Non-institutional investors and qualified institutional buyers' reserved portion was subscribed 3.22 times and 0.65 times, respectively.

    The company raised Rs 23.25 crore through the issue of 36.9 lakh equity shares.

    first published: Jun 9, 2011 05:25 pm

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