07 Sep 07 ACI IPO : Allied Computers International IPO is open for subscription

The Allied Computers International IPO (ACI IPO) opened for subscription today. Allied Computers International IPO is a fixed price IPO and not a book building IPO. The IPO price has been fixed at Rs. 12 per share. Allied Computers International is a Mumbai based IT hardware company. The IPO issue size is just Rs. 6 crores. Since the IPO issue size is small and the IPO is priced at attractive valuations, the Allied Computers International IPO is likely to be oversubscribed heavily.

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