03 May 07 MIC Electronics Limited IPO Subscription Details

The MIC Electronics Limited IPO has recieved fairly good responses from the Insitutional investors category and has been oversubscribed in the institutional investors category in the second day of opening of the IPO for suscription. This is an indication that the MIC Electronics IPO is likely to do well. However, one has to wait till the final day of subscription, and check the subscription figures again to get a more clear picture. Overall, the MIC Electronics IPO has been subscribed by 0.60 times and hence it still remains undersubscribed. The MIC Electronics IPO closes for subscription on tuesday, May 8, 2007. More updates about the MIC Electronics IPO will be posted here regularly. Hence, those who intend to or have already subscribed for the MIC Electronics IPO can check this blog everyday for updates.

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