19 Jul 07 Alpa Laboratories IPO Subscription Details : Bad Listing Likely
The Alpa Laboratories IPO closed for subscription on 17th. The Alpa Laboratories IPO failed to fare well even at a time when there is a huge hype surrounding IPO’s. Overall, the Alpa Laboratories IPO has been subscribed by 1.11 times (oversubscribed 0.11 times). The retail investor category in the Alpa Labs IPO got subscribed by about 2.14 times (oversubscribed by 1.14 times). Institutional investor category in the Alpa Labs IPO has fared very badly and has been subscribed only by 0.18 times (under-subscribed 0.82 times) and the High Networth Individual category has been subscribed close to 2 times (oversubscription ratio : 1 time). Allotment will be high and hence overall profits or losses made will be high.
Alpa Laboratories Limited is likely to have a poor listing and might provide listing losses. The listing date of Alpa Laboratories Limited is likely to be somewhere in the second week of August. Alpa Laboratories Limited will list both on the NSE and the BSE. Investors who have invested in the Alpa Laboratories limited IPO can expect to receive the IPO refund in the first week of August through ECS. Allotment is likely to be made a few days before the listing date. The allotment status of Alpa Laboratories IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the Alpa Labs IPO.
Related Posts
Leave a Comment
