22 Sep 07 Consolidated Construction IPO (CCCL IPO) Subscription Details : High Allotment and Listing Gains
Consolidated Construction IPO closed for subscription yesterday. From the final subscription statistics, it looks like CCCL IPO would have been a better choice for investors investing for listing gains compared to Koutons retail IPO. This is because in the case of Consolidated Construction IPO allotment will be much higher than Koutons Retail IPO and the total IPO oversubscription is also higher in the case of Consolidated Construction IPO than Koutons retail IPO. Overall Consolidated Construction IPO (CCL IPO) has be oversubscribed by about 81 times compared to 45 times IPO subscription that Koutons retail IPO managed to generate. The institutional investors category in the Consolidated Construction IPO has been oversubscribed by about 117 times while the retail investors category has seen a IPO subscription of about 12.5 times. Retail investors who applied in the Consolidated Construction IPO can expect decent allotment and high listing gains. For updates on the IPO allotment status, refund details and listing date of CCCL IPO, do check this blog regularly.
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