IPOs Latest subscription figures

Thebullishtrends: IPOs latest subscription figures are as follows:

Seja Architectural Glass IPO subscribed only 0.32 times on the first day of the issue. There is no single bid from QIB portion on the first day. HNI category 0.77 times and Retail category 0.58 times subscribed. There is possibility in listing gains from this issue, but Investors have ready to be prepared for the risk also. Seja Architectural Glass IPO will close on 12th June'08. Price band is Rs.105 to Rs.115 for Rs.10/-each share.

First Winner IPO opened on 09th June'08 will close on 12th June'08. First Winner IPO has got poor response on the first day, the entire IPO subscribed only 0.02 times on the first day. There is no single bid from QIB and HNI category. Retail category has got applications for 600 shares only as against 18.90,000 shares. First Winner offers shares for Rs.10/- each with a price band of Rs.120-130. It is better to avoid this issue.