26 Jul 07 Zylog Systems IPO Subscription Details : Low Allotment, High Listing Gains
The Zylog Systems IPO closed for subscription on 25th. The Zylog Systems IPO was another IPO which benefitted from the huge hype surrounding IPO’s. Overall, the Zylog Systems IPO has been subscribed by 76.51 times (oversubscribed 75.51 times). The retail investor category in the Zylog Systems IPO got subscribed by about 35.13 times (oversubscribed by 34.34 times). Institutional investor category in the Zylog Systems IPO has been subscribed by 89.55 times (oversubscribed 88.55 times) and the High Networth Individual category has been subscribed by a whooping 144 times (oversubscription ratio : 143 times). Allotment will be very low since the Zylog Systems IPO was heavily oversubscribed.
Zylog Systems Limited is likely to have an excellent listing and is sure to provide excellent listing gains to investors lucky enough to get allotment. The listing date of Zylog Systems Limited is likely to be somewhere in the third week of August. Zylog Systems Limited will list both on the NSE and the BSE. Investors who have invested in the Zylog Systems limited IPO can expect to receive the IPO refund in the third week of August through ECS (in cities where the ECS facility is available). Allotment is likely to be made a few days before the listing date. The allotment status of Zylog Systems IPO and the details for checking the allotment status online will be posted here as soon as they are available. Good luck to all those who applied in the Zylog Systems IPO.
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Allotment status is out. Check on the Karvy site.
http://karisma.karvy.com/karisma/html/index.htm