09 Feb 08 SVEC Constructions IPO Price Band revised

SVEC Constructions IPO seems to be the IPO next in line to get victimised due to poor market sentiments. The IPO failed to subscribe even by 50% with the institutional investors showing a thumbs down. Institutional investors category has not even been subscribed by 1%. As of now there seems to be only one bid made in this category by a Domestic Financial Institution. Clear signs that the SVEC Constructions IPO might get cancelled as well. SVEC Constructions IPO Price Band has been lowered from Rs. 85 to Rs. 95 to Rs. 80 toÃ‚Â Rs. 90 per share. The final SVEC Constructions IPO subscription figures will be updated here once the IPO closes for subscription on Wednesday, February 13, 2008.

SVEC Constructions IPO Subscription opens Feb 04

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