MBL Infrastructures Limited which is tapping the capital markets with an
IPO for 57 lakh shares from the 27th of November to the 1st of December 2009. The company allotted 8,40,000 equity shares at the top end of the price band to two investors. The two investors who have been allotted equal number of shares are Reliance Infrastructure Fund and the GMO Emerging Illiquid (Mauritius) Fund.
This allotment would reduce the total size of the issue from 57 lakh shares to 48.6 lakh shares. The issue would be analysed over the weekend.