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22 Oct 07 SVPCL IPO Subscription Details as on Day 1

SVPCL IPO received a very bad reception from investors on its opening day of subscription. There was not a single bid from Institutional investors and High networth investors in the SVPCL IPO. The retail investor category was subscribed 0.006 times and that too probably due to bids from the promoters relatives or friends. This is not a good sign for the Indian IPO market. With so many good IPO’s lined up, hope the IPO market has not been drastically affected by the Participatory Notes crisis. The SVPCL Ltd. IPO closes for subscription on Friday, October 26, 2007.


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Reader's Comments

  1. |

    which IPO, whwthwr VARUN INDUSTRIES or RELIGARE ENT one should go for to have listing profits.

  2. |

    I had applied in your ipo but till the date i had not received my refund amount so you are kindly requested to please look into the matter and expedite.



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