19 Nov 09 Cox and Kings IPO Subscription Details
Cox and Kings IPO Subscription Details as of yesterday have not been too encouraging. The Cox and Kings IPO managed a subscription of just under 60% yesterday, the day the IPO opened for subscription. Cox and Kings derives over 90% of its revenues from the leisure sector since it is a travel and tours operator. Investors seem to be skeptical on how this sector would perform considering the ongoing recession. The Cox and Kings IPO has been priced attractively and this fact alone is likely to ensure that the IPO gets oversubscribed by the time it closes for subscription. More updates on the subscription details of Cox and Kings IPO will be updated here. Keep checking this space for Cox and Kings IPO allotment status and also for the Cox and Kings IPO listing date.
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