Mahindra Holidays will debut in Stock Exchagnes on 16th July'09

Mahindra Holidays shares will be listed in Stock Exchanges on 16th July'09. Earlier Mahindra Holidays issued shares @ Rs.10/-face value shares at Rs.300 per share.

The initial public offer of Mahindra Holidays has been priced at Rs 300 per share. The IPO had a price band of Rs 275-325 per share. The entire IPO oversubscribed 9.8 times. QIB portion was 12 times oversubscribed. High networth individuals was a little over a 10 times oversubscribed and retail was little over 3.3 times oversubscribed.(thebullishtrends)