B S Transcomm IPO Subscribed

B S Transcomm Limited which had tapped the capital markets with its IPO for 76,79,400 shares was subscribed. The issue was initially open from the 6th of October to the 8th of October and the price band was Rs 257-266. The issue was unable to garner the requisite support and was therefore extended to close on 13th October, and the price band revised to Rs 248-257.

Details of the subscription by various categories of investors are as follows: –

Category  Shares Offered Shares Subscribed Times
QIB 3839705 1978000 0.52
NII 1151911 3642075 3.16
Retail 2687794 2793425 1.04
Overall 7679410 8413500 1.1
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