IPOs latest subscription figures today at 6PM

Thebullishtrends: As we said yesterday KNR Concstructions IPO manged to get the subscription the issue 1.25 times subscribed. Investors need not to expect more listing gains from this issue. Investors may get less than 5% returns on their investments from this issue. The issue closed today.

Even though the secondary market trend is not good but OnMobile Global IPO subscribed 10.95 times. QIB portion has got good subscriptions it was subscribed by 17.16 times, HNI Category subcribed 2.62 times and Retail category subscribed 1.30 times. Hence there will be a sure allotment chance of OnMobile Global for retail Investors category. The IPO expected to give decent gains to investors. OnMobile Global IPO closed today.

Bang Overseas IPO opened for subscriptions yesterday. The entire IPO subscribed only 0.56 times only till today evening at 6PM. It is better to avoid this IPO as many other good IPOs are available in the coming days. Bang Overseas IPO will close on 31st Jan'08.

Shriram EPC IPO opened today for subscriptions. This issue has got very good support in the first day itself the IPO subscribed 2.15 times. QIB portion of this issue has got very good support it was subscribed by 3.57 times and the response from HNI and Retail category yet to come. The issue will close on 1st January'08. Though Shriram EPC's grey market premium is low but definitely it is a very good issue. The detailed analysis of this IPO will be available in this site soon.