Major bids by HNIs On the fifth day of AMD Metplast IPO the total bids in QIBs category stood at 8.02 lakh shares. There have been no bids by FIIs, domestic financial institution and mutual funds in the issue. The total bids in HNIs category were 18.17 lakh shares, of which corporates bid for 4.73 lakh shares and individuals bid 13.05 lakh shares.
The retail investors subscribe to 2.60 lakh shares, of which was bid at cut off price.
The IPO received total bids of 37.79 lakh shares out of total issue size of 90,96,520 shares. The issue was 0.42 times subscribed.
The issue is priced between Rs 65 (floor) and Rs 75 (ceiling). The IPO will close on 23 February 2007. |