27 Sep 07 Supreme Infrastructure IPO Subscription Details : SIIL IPO Oversubscribed
Supreme Infrastructure IPO has performed extremely well. The amount of bids SIIL IPO received in the last couple of hours was unbelievable. Overall, the Supreme Infrastructure IPO has been subscribed by 53 times. The retail investor category in the SIIL IPO has been subscribed by over 48 times (oversubscribed by over 47 times). The institutional investor category has been subscribed by over 52 times (oversubscription ratio : 51.1) while the high net worth individual category has been subscribed by about 65.5 times. There are so many new IPO’s lined up for the next 2-3 months. If the rally in the secondary market sustains, the primary (IPO) market is likely to break all records in 2007.
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