A2Z Maintenance IPO Latest News Today

IPO Listing Detail

Listing Date: Thursday, December 23, 2010
BSE Scrip Code: 533292
NSE Symbol: A2ZMES
Listing In: 'B' Group of Securities
ISIN: INE619I01012
Issue Price: Rs. 400.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

A2Z Maintenance & Engineering Services Ltd IPO allotment status is now available online.

A2Z IPO was open on Dec 08, 2010 and closed on Dec 10, 2010. IPO of A2Z was oversubscribed by 0.96 times (0.33 times in retail).

A2Z Maintenance & Engineering Services Ltd IPO subscribed 0.72 times on its day 1. A2Z Maintenance & Engineering IPO opens today on Dec 08, 2010 and will close on Dec 10, 2010 for subscription. A2Z Maintenance & Engineering has received bids for 1,31,02,515 shares as against issue size of 1,82,93,253 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.00 Times

Non Institutional Investors: 4.08 Times

Retail Individual Investors (RIIs): 0.01 Times

Employee: 0.00 Times

Total: 0.72 Times

A2Z Maintenance & Engineering Services Ltd is entering in the capital markets with an initial public offering, IPO of Rs. 675.00 Crore. The price band for the issue has been fixed at Rs 400/- at lower level and Rs 410/- at upper level.

A2Z Maintenance & Engineering Services Ltd is an engineering, procurement and construction ("EPC") company in India and providing services to the power transmission and distribution sector. They are diversifying this business to provide EPC services to power generation companies and companies in other sectors, including road and telecommunications.

The issue opens on Dec 08, 2010, and closes for subscription on Dec 10, 2010. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) .