As per the data available in NSE, Ammana Bio Pharma Limited is Under-subscribed on closing day. In all probabilities, the IPO will be extended for a few more days and the price band will be revised downwards. Indian stock market Investors seem to be wary of investing in IPO’s of lesser know companies.
Subscription details of Ammana Bio Pharma Limited IPO
Total Issue Size – 16800000
Total Bids Received – 2910500
Total Bids Received at Cut-off Price – 1895500
No. of times issue is subscribed – 0.17
Split up of the Subscription Details under various quotas
QIB – 0%
High Networth Individuals – 0.30
Retail Individuals – 0.36
Ammana Bio Pharma Limited IPO SNAPSHOT
Issue Period – March 28, 2007 to April 05, 2007
Issue Size – Equity Shares aggregating Rs. 2016 Lakhs (Excluding Promoter Contribution of Rs. 150.02 Lakhs)
Issue Type – 100% Book Building
Face Value – Rs. 10/-
Price Range – Rs.12/- to Rs.14/-
Tick Size Re. 1/-
Market Lot – 500 shares
Minimum Order Quantity – 500 shares
Book Running Lead Manager Centrum Capital Ltd