Alkali Metals IPO date extended

As we said earlier Alkali Metals IPO subscribed only 0.20 times at the end of the day on Friday, but the Lead managers to the issue said the book building issue of Alkali Metals will close on 15th October'08 instead of earlier closing date of 10th October'08 moreover price band revised from Rs.90/- to Rs.105/- per share to Rs.86/- to Rs.103 per share. So far Alkali Metals IPO received bids for 5.25 lac shares as againt offer of 25.50 lac shares. (thebullishtrends)