Tuesday, March 20, 2007

Gremach Infrastructure Equipments & Projects Ltd. IPO Oversubscription figures

Gremach Infrastructure Equipments & Projects Ltd. IPO has been oversubscribed 1.13 times

Earlier, the closing date of the IPO was extended to March 19, 2007 instead of March 14, 2007 as well as there was a revision in price band from Rs.75/- to Rs.90/- per share to Rs.72/- to Rs. 86/- per share

Gremach Infrastructure Equipments & Projects Ltd. IPO Oversubscription Details:
QIBs: 0.34 times
Non-Institutional Investors: 6.31 times
Retail: 0.38 times
Employees: 0.03 times
Overall: 1.13 times


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