New!The public application is over and the company is scheduled to list on 11 June 2008 2:00pm.
The public subcription portion left with 13.3% not subscribed by the Public!
The good news is all those applied for IPO get FULL allocation as they wished (if you think this is a good news). To be exact, there is 1,344 applicants for public subscription portion. The bad news is 1,754,000 common share or 13.3% found no subscriber and have to be allocated to the Placement Tranche.
Offering price is $1.00. It will be interesting to see how the price move in current market turmoil.
Indiabulls Properties Investment Trust - Post IPO Review
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