IPOs latest subscription figures

Thebullishtrends: Current IPOs latest subscription figures till today evening at 5PM.

Tulsi Extrusions IPO subscribed by 0.77 times, QIB and HNI categories were subscribed fully but the subscriptions from the retail category is poor this IPO will close tomorrow.

Emmar MGF IPO 0.24 times subscribed till today evening at 5 PM. QIB portion of the issue subscribed by 0.36 times, HNI category subscribed by 0.001 times and Retail category subscribed only 0.016 times only. Though secondary markets rising the trend is yet to spread to Primary market. So far all the Infra IPOs were managed to subscribed and grey market premiums are quoting in discount price which is disappointing the Investors to apply for IPOs. Even sound fundamentals IPOs are also difficult to subscribe in these days. But as far as Emmar MGF is a fundamentally sound IPO. This kind of poor response happend earlier to DLF but after the company shares listed in exchanges people they enjoyed a lot with decent returns. Emmar MGF IPO will close tomorrow. Apply for Emmar MGF for long term gains.

IRB Infra is a fourth Infrastructure company in recent times the entire IPO subscribed 0.88 times, QIB portion of this IPO subscribed 1.37 times, HNI category subscribed 0.42 times and Retail category subscribed 0.057 times only. IRB Infra IPO will close tomorrow. Though it is having Rs.30-40 grey market premium, but it is a doubt whether it will continue or not? but we advised you to avoid this IPO, as Investors are not favour Infra IPOs now a days.

Wockhardt Hospitals IPO subscribed only 0.02 times till today evening. Response for this IPO so far so dull, we are having a doubt about the success of this IPO. If the company decided to manage the IPO then it will be ok otherwise it is very difficult to fully subscribe this IPO. We advise you avoid this IPO as it is a risky one. Wockhardt IPO will close tomorrow.

SVEC Constructions IPO opened today it received bids only for 10,570 shares as against the company offered 4 lakh shares. SVEC IPO will close on 8th February'08.