Friday, December 10, 2010

IPO SUBSCRIPTION STATUS - A2Z FAILS TO GET ONE TIME

The much hyped IPO, backed by big bull Rakesh Jhunjhunwala failed to get one time subscription on the last day. The issue received subscription to the extent of 93% only.

The other IPO -Ravikumar, which also closed today,  got subscription to the extent of 2.22 times, as per NSE web site.

First Choice had recommended to stay away from both the issues.

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