First Winner extended it's IPO date and reduced Offer Price

Thebullishtrends: First Winner Industries Ltd has extended it's IPO date to 17th June'08. Infact the IPO was supposed to close on 12th June'08. But the entire IPO portion subscribed only 0.74 times. Further First Winner Industries has reduced it's offer price from Rs.120-130 to Rs.115-125 per share.