IPOs latest subscription figures today at 6PM

Thebullishtrends : Currnet IPOs latest subscription figures today at 7PM.

Wockhardt Hospitals IPO has not yet opened today. The company is yet to get the approval from the Regulator for the approval of reduced price band for this issue.

IRB Constructions IPO opened today. The Infra company offers shares with a price band of Rs.185-220, this is the third Infra company in this month, before this KNR Constructions and J.Kumar Infra has came to the IPO markets. But both these two issues managed to subscribe the entire portion. And these two companies did not get the fair response from the Investors. The entire portion of IRB Construction subscribed only .44 times till today evening.

Bang Overseas IPO closed today the entire portion subscribed only 1.24 times. Bang Overseas issue was manged to subscribe in the last day. Investors have not shown any interest in this issue due to the bad market conditions.

Shriram EPC IPO subscribed 2.17 times till today evening. Shriram EPC IPO will close tomorrow. Investors are afraid to subscribe IPOs now a days due to the last minute withdrawl of subscriptions by QIBs. It was happend in Reliance Power and some other issues. It is better to not to follow blindly by the QIB subscriptions, as they are pulling their funds back in the last minute of IPO closing date.