In the issue analysis on the company done yesterday it was erroneously mentioned that the issue closes on Monday the 14th of May. The error is sincerely regretted.
The status of applications received as at the end of Monday 14th May is given below.
| QIB | NIL | 0.00 |
| HNI | 24.28 lacs | 1.76 |
| Retail | 1.46 lacs | 0.05 |
| Employee | 0.41 lacs | 0.75 |
| Total | 26.16 lacs | 0.28 |
The change over the second last day is 2% and the company needs to garner all its resources to get the issue subscribed. QIB’s look unlikely to subscribe so it would become imperative that HNI’s get the required subscription to get the issue through. There would be complete clarity by the time the bidding closes at 5 pm today.
