Birla Shloka FPO Latest News Today

Birla Shloka Edutech Limited FPO Shares will list on Friday, January 29, 2010. Issue price of this FPO has been fixed at Rs 50/- per share.

FPO Listing Detail:

Listing Date:    Friday, January 29, 2010
BSE Script Code:    511607
NSE Symbol:   
Listing In:    B Group
Sector:    IT - Education and Training
ISIN:    INE814E01018
Issue Price:    Rs. 50.00 Per Equity Share
Face Value:    Rs. 10.00 Per Equity Share

Birla Shloka Edutech FPO allotment Status is now available online.

Birla Shloka FPO was open on Jan 11, 2010 and closed on Jan 13, 2010. FPO was oversubscribed by 1.43 times (1.7562 times in retail).

Birla Shloka Edutech Ltd FPO finally subscribed 1.43 times on its closing day. Birla Shloka Edutech FPO was open on January 11, 2010 and closes today for subscription. Birla Shloka has received bids for 94,80,960 shares as against issue size of 66,16,670 shares. Retail quota of the issue subscribed  1.7562 times and QIB's remain unsubscribed. Non Institutional category subscribed 5.4548 times.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 0.0000 Times

Non Institutional Investors: 5.4548 Times

Retail Individual Investors (RIIs): 1.7562 Times

Total: 1.43 Times

Birla Shloka Edutech Ltd FPO subscribed 0.52 times on its day 2. Birla Shloka Edutech FPO was open on January 11, 2010. The issue of Birla Shloka is will close on January 13, 2010 for subscription. Birla Shloka has received bids for 34,43,640 shares as against issue size of 66,16,670 shares. Retail quota of the issue subscribed 0.4231 times and QIB's subscribed 0.0000 times. Non Institutional category subscribed 2.4825 times.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.0000 Times

Non Institutional Investors: 2.4825 Times

Retail Individual Investors (RIIs): 0.4231 Times

Total: 0.52 Times

Birla Shloka Edutech Ltd FPO subscribed 0.13 times on its day 1. Birla Shloka Edutech FPO open today on January 11, 2010. The issue of Birla Shloka is closing on January 13, 2010 for subscription. Birla Shloka has received bids for 9,15,000 shares as against issue size of 66,16,670 shares. Retail quota of the issue subscribed 0.2441 times and QIB's subscribed 0.0000 times. Non Institutional category subscribed 0.3523 times.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.0000 Times

Non Institutional Investors: 0.3523 Times

Retail Individual Investors (RIIs): 0.2441 Times

Total: 0.13 Times

Incorporated in 1992, Birla Shloka Edutech Ltd is a Yash Birla Group Company in educational arena. Birla Shloka Edutech provides educational services through reliable, budget friendly and ethical approaches.

Birla Shloka Edutech Ltd. Presently provides end to end solutions in sales and services of various educational products to various educational institutes and government organisations.

The issue opens on January 11, 2009, and closes for subscription on January 13, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).