Globus Spirits IPO Subscribed 1.5 times

by admin on September 10, 2009

Globus Spirits IPO of 75 lakh equity shares of Rs 10 each has been subscribed 1.50 times, as per the data available on the NSE website. The issue has received bids for 1.12 crore shares as against issue size of 75 lakh shares. Globus Spirits IPO price was fixed between Rs 90-100/share. The IPO would raise around Rs 67.5-75 crore.

Qualified institutional buyers – 0.86, Non institutional investors – 4.76, Retail individual investors – 1.03, Employee Reservation – 0.96

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