Ramky Infrastructure Limited which had tapped the capital markets with its IPO was subscribed. The issue included a fresh issue of Rs 350 crs an offer for sale of Rs 180 crs. The price band was Rs 405-468. The issue had opened on Tuesday the 21st of September and closed today the 23rd of September. The issue was overall subscribed 2.89 times. Retail subscription was just about 0.99 times which means there would be full allotment of shares applied for in this category.

Ramky subscription figures are giving an indication that the public has become smart and is preserving their capital for the right issue and not subscribing to just about every issue. Two issues close on Friday and it would be interesting to see how they fare.

Category wise figures for Ramky subscription are given below.