29 Oct 07 Barak Valley Cements IPO Subscription Details
Barak Valley Cements IPO seems to be a better bet compared to the religare IPO in terms of getting decent allotment. Barak Valley Cements IPO has also been oversubscribed but not as heavily as the religare IPO. Overall, Barak Valley IPO has been subscribed by 1.18 times (oversubscribed 0.18 times). The retail investor category has been subscribed by just 0.08 times, fueling hopes of decent allotment. November 01 is gonna be an interesting day with both the Barak Valley IPO and the religare IPO closing for subscription. Interestingly, in a remarkable coincidence, both the IPO’s have been oversubscribed on the very first day itself.
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