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Most Subscribed IPOs in 2011

Most Subscribed IPO in 2011 | Top 10 Successful IPOs of 2011

When the number of shares applied for is far greater than the number of shares offered in an issue, it leads to an oversubscription. An oversubscribed issue is generally presumed to be successful ones with possibility of premium listing due to the huge demand.

The IPO subscription status and allotment has an inverse relation. The higher the subscription lesser are the chances of allotment and vice versa.

Listed below are the Top 10 Oversubscribed IPOs of 2011 with breakup of subscription across investor categories and their listing gains.

Top 10 Successful IPOs of 2011 (Based on Subscription)

# Issue Name Issue Size (Rs Cr) Oversubscribed (x) QIB (x) NII (x) Retail (x) Employee (x) Others (x) Listing Date Offer Price (Rs) Listing Day - Close Price (Rs) Listing Day Gain / Loss (%)
1Lovable Lingeries Ltd93.2835.2121.8799.8720.84Mar 24, 2011205249.221.56
2Muthoot Finance Ltd901.2524.5525.0160.948.5May 06, 2011175176.250.71
3Tata Steel Ltd34776.0310.417.211.60.06Feb 02, 2011610625.72.57
4L&T Finance Holdings Limited12455.341.936.189.611.533.35Aug 12, 20115249.95-3.94
5Omkar Speciality Chemicals Ltd79.384.670.825.279.9Feb 10, 20119846.2-52.86
6Inventure Growth & Securities Ltd81.94.580.259.498.66Aug 04, 2011117207.9577.74
7Power Finance Corporation Ltd4578.24.346.921.220.91May 27, 2011203199.45-1.75
8Vaswani Industries Ltd494.160.1611.296.83Sep 20, 20114917.75-63.78
9TD Power Systems Ltd2272.926.520.380.38Sep 08, 2011256274.87.34
10Rushil Decor Ltd40.642.620.231.356.57Jul 07, 201172119.6566.18
  • The offer price above is the highest price from the IPO price band.
  • The listing price reflected above is of the exchange where the listing price is higher.
  • (x) meaning 'number of times'
  • Investor Categories:
    • QIB - QIB includes SEBI registered Foreign Institutional Investors (FIIs), Banks, Mutual Funds and financial institutions.
    • NII - NII includes Individual investors, NRIs, companies, trusts etc who bid for more than Rs 2 lakhs.
    • Retails - Retails include the individual investor who apply up to Rs 2,00,000 in an IPO.
    • Employee - Certain companies have a reserved quota for their employees in an IPO.
    • Others - Any other eligible shareholder other than above who have a reserved quote in an IPO.

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