Non Institutional Investors portion of MOIL IPO garners subscription of 143.30 times

The Non Institutional Investors portion of MOIL IPO has received excellent response with subscription of 143.30 times. The Non Institutional Investors portion has received total bids for 707771795 equity shares against the offer of 4939200 equity shares.

Under Non Institutional Investors portion, Corporates had bid for maximum number of shares with bids for 388301165 equity shares.

Individuals (Other than RIIs) have bid for 306273581 equity shares and others have bid for 13197049 equity shares.

The IPO closes for subscription by investors today - December 1, 2010. The IPO has totally received subscription of 56.29 times with bids for 1891311081 equity shares against the offer of 33600000 equity shares.

Source : Equity Bulls

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