Vascon Engineers IPO Latest News Today

Vascon Engineers Ltd IPO will list on Monday, February 15, 2010. Issue price of this IPO has been fixed at Rs 165/- per share. Vascon Engineers IPO subscribed 1.22 times(0.6200 times in retail).

IPO Listing Detail

Listing Date: Monday, February 15, 2010
BSE Script Code: 533156
NSE Symbol: VASCONEQ
Listing In: 'B' Group of Securities
ISIN: INE893I01013
Issue Price: Rs. 165.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Vascon Engineers Ltd IPO will list on Monday, February 15, 2010. Issue price of this IPO has been fixed at Rs 165/- per share. Vascon Engineers IPO subscribed 1.22 times(0.6200 times in retail).

IPO Listing Detail

Listing Date: Monday, February 15, 2010
BSE Script Code: 533156
NSE Symbol: VASCONEQ
Listing In: 'B' Group of Securities
ISIN: INE893I01013
Issue Price: Rs. 165.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Vascon Engineers Ltd IPO finally subscribed 1.22 times on its closing day. Vascon Engineers IPO was open on January 27, 2010 and closes today for subscription. Vascon Engineers has received bids for 1,31,41,695 shares as against issue size of 1,08,00,000 shares.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 1.1210 Times

Non Institutional Investors: 3.6458 Times

Retail Individual Investors (RIIs): 0.6200 Times

Employee: 0.5352 Times

Total: 1.22 Times

Incorporated in 1986, Vascon Engineers Limited is engineering, procurement and construction services and real estate Development Company with operations in a number of states and union territories in India. Vascon have significant experience of 23 years in providing EPC services which include constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.

Vascon Engineers is entering in the capital markets with an initial public offering, IPO of 10,800,000 Equity Shares of Rs.10 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 165/- at lower level and Rs 185/- at upper level for equity share of Rs 10/-.

The issue opens on January 27, 2010, and closes for subscription on January 29, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Vascon Engineers Ltd IPO subscribed 0.62 times on its day 2. Vascon Engineers IPO was open on January 27, 2010 and closing on January 29, 2010 for subscription. Vascon Engineers has received bids for 67,46,390 shares as against issue size of 1,08,00,000 shares.

Oversubscription detail for Day 2

Qualified Institutional Buyers (QIBs): 0.9267 Times

Non Institutional Investors: 0.3796 Times

Retail Individual Investors (RIIs): 0.1158 Times

Employee: 0.1929 Times

Total: 0.62 Times

Vascon Engineers Ltd IPO subscribed 0.23 times on its day 1. Vascon Engineers IPO opened today on January 27, 2010 and closing on January 29, 2010 for subscription. Vascon Engineers has received bids for 35,92,710 shares as against issue size of 1,08,00,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.3489 Times

Non Institutional Investors: 0.0244 Times

Retail Individual Investors (RIIs): 0.0784 Times

Employee: 0.0973 Times

Total: 0.23 Times

Incorporated in 1986, Vascon Engineers Limited is engineering, procurement and construction services and real estate Development Company with operations in a number of states and union territories in India. Vascon have significant experience of 23 years in providing EPC services which include constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.

Vascon Engineers is entering in the capital markets with an initial public offering, IPO of 10,800,000 Equity Shares of Rs.10 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 165/- at lower level and Rs 185/- at upper level for equity share of Rs 10/-.

The issue opens on January 27, 2010, and closes for subscription on January 29, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Incorporated in 1986, Vascon Engineers Limited is engineering, procurement and construction services and real estate Development Company with operations in a number of states and union territories in India. Vascon have significant experience of 23 years in providing EPC services which include constructing factories, hospitals, hospitality properties, office and residential complexes, shopping malls, multiplexes, IT parks and other buildings.

Vascon Engineers is entering in the capital markets with an initial public offering, IPO of 10,800,000 Equity Shares of Rs.10 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 165/- at lower level and Rs 185/- at upper level for equity share of Rs 10/-.

The issue opens on January 27, 2010, and closes for subscription on January 29, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).