Three issues namely Career Point, Eros International and Microsec closed their IPO’s yesterday on 21st September 2010. They collectively wanted to raise 612.5 crs and they finally raised almost 24.82 times that amount by raising a total of Rs 15204.16 crs. The smallest issue in terms of size was Career Point and that issue was oversubscribed the most in all categories except the QIB category.
Retail investors who have applied for the maximum of Rs 1 lakh would get firm allotment in Eros and Microsec while it would be a lottery in the case of Career Point.
Career Point | Eros International | Microsec | |
No of Shares | 3709677 | 20000000 | 12500000 |
Price Band | 295-310 | 158-175 | 113-118 |
Size of issue | 115 crs | 350 crs | 147.5 crs |
Anchor Investors | 656040 | 3600000 | NIL |
Overall Subscription | 47.39 | 26.51 | 12.2 |
QIB Subcription | 25.79 | 47.45 | 5.91 |
HNI Subscription | 101.93 | 73.4 | 35.88 |
Retail Subscription | 31.74 | 11.95 | 11.04 |
Amount raised | 4734.23 | 8670.78 | 1799.15 |
Total Issue Size | 612.5 | ||
Total Amount Raised | 15204.16 | ||
Average Oversubscription | 24.82 |