29 Oct 07 Religare Enterprises IPO Subscription Details

Religare Enterprises IPO has done extremely well on Day 1 and has been lapped up by investors. Foreign investors especially, seem to be very bullish on the Religare Enterprises IPO. At the end of day 1 of subscription, the Religare Enterprises IPO has been subscribed by about 6 times the IPO issue size (oversubscribed by about 5 times). Suprisingly, Retail Investor category has also been oversubscribed on day 1 itself. I have a feeling Religare Enterprises IPO is gonna see very heavy oversubscription.

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Reader's Comments

1. Santosh Koshy | 30 Oct 2007 6:54 am

   Yes, I just read about Religare’s subscription. Very good start and i am happy as i have also apllied for it through my account.

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