Thursday, June 26, 2008

KSK Energy subscribed Its IPO - June 26, 2008

The IPO of KSK Energy Ventures was subscribed 1.50 times on Wednesday. The public issue of 3,46,11,000 received 5,19,68,500 bids. The qualified institutional buyers portions was subscribed 1.81 times, non institutional investors portion was subscribed 0.03 times and the retail portion of 1,03,83,300 did not received any subscription. Around 20,10,950 bids were received at the cut off price. The price band for the issue was Rs240-255 per share.

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