Rishabhdev Technocable IPO Latest News Today

Rishabhdev Technocable Ltd IPO Listing Date & Info:

IPO Listing Date: Monday, June 29, 2009
BSE Script Code: 533083
Listing in: �B� Group of Securities
ISIN: INE685F01019
Issue Price: Rs. 33/- per share
Face Value: Rs 10/- Per Equity Share

Rishabhdev Technocable Ltd IPO Listing Date & Info:

IPO Listing Date: Monday, June 29, 2009
BSE Script Code: 533083
Listing in: ‘B’ Group of Securities
ISIN: INE685F01019
Issue Price: Rs. 33/- per share
Face Value: Rs 10/- Per Equity Share

IPO Allotment Status is now available online for Rishabhdev Technocable Limited IPO.

Rishabhdev Technocable Limited IPO was open on June 4, 2009 and closed on June 9, 2009. IPO was oversubscribed by 7.76 times (16.6322 times in retail).

IPO Allotment Status is now available online for Rishabhdev Technocable Limited IPO.

Rishabhdev Technocable Limited IPO was open on June 4, 2009 and closed on June 9, 2009. IPO was oversubscribed by 7.76 times (16.6322 times in retail).

Rishabhdev Technocable Limited IPO oversubscribed 7.76 times. The issue was opened on June 4, 2009 and closed today for subscription. The total issue size was 68.54 lakh shares and got bids for 5.31 crore shares on it's last day.

The detailed subscription information of this IPO is as below:
 
Number of times issue is subscribed on 09-Jun-2009 17:30:00 IST

Qualified Institutional Buyers (QIBs): 0.2263

Non Institutional Investors: 12.1516

Retail Individual Investors (RIIs): 16.6322

Total: 7.76 times

Incorporated in 1994, Rishabhdev Technocable Limited is in the business of cable manufacturing. Product includes Industrial control cables, Hi- Tech- data cables, Process control instrument signal cables, Thermocouple extension and Compensating cables, Computer application, Hi- Bit rate networking cables, Digital data communication cables, Specialty cables and Customized cables.

Rishabhdev Technocable Limited is entering in the capital markets with an initial public offering, IPO of 90,00,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 29/- at lower level and Rs 33/- at upper level for equity share of Rs 10/-. The issue opens on June 04, 2009, and closes for subscription on June 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Rishabhdev Technocable IPO, opened today at June 4, 2009, subscribed 0.13 times on its first day. While there was absolutely no interest shown by QIB, NII quota is close to fully subscribe. Retail individual investors quota also remains unsubscribe. 

Oversubscription detail for Day 1:

Qualified Institutional Buyers (QIBs):  0.0000 Times

Non Institutional Investors:  0.8761 Times

Retail Individual Investors (RIIs): 0.0094 Times

Total:  0.1347 Times

Initial Public Offer of Rishabhdev Technocable Lts is closing for subscription on June 9, 2009.

Incorporated in 1994, Rishabhdev Technocable Limited is in the business of cable manufacturing. Product includes Industrial control cables, Hi- Tech- data cables, Process control instrument signal cables, Thermocouple extension and Compensating cables, Computer application, Hi- Bit rate networking cables, Digital data communication cables, Specialty cables and Customized cables.

Rishabhdev Technocable Limited is entering in the capital markets with an initial public offering, IPO of 90,00,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 29/- at lower level and Rs 33/- at upper level for equity share of Rs 10/-. The issue opens on June 04, 2009, and closes for subscription on June 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Incorporated in 1994, Rishabhdev Technocable Limited is in the business of cable manufacturing and trading. Product includes Industrial control cables, Hi- Tech- data cables, Process control instrument signal cables, Thermocouple extension and Compensating cables, Computer application, Hi- Bit rate networking cables, Digital data communication cables, Specialty cables and Customized cables.

Rishabhdev Technocable Limited is entering in the capital markets with an initial public offering, IPO of 90,00,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 29/- at lower level and Rs 33/- at upper level for equity share of Rs 10/-. The issue opens on June 04, 2009, and closes for subscription on June 09, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE). The existing equity shares of the company are listed for trading on the Pune Stock Exchange (PSE) and the Jaipur Stock Exchange (JSE).