• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , July 4

THE initial public offering of financial services company IL&FS Investsmart was subscribed 7.94 times on the first day of opening with most of the bids coming at the upper price band of Rs 125.

The price band for the issue is Rs 110-125.

According to the BSE Web site, the issue received bids for 9.05 crore shares compared to issue size of 1.14 crore share.

FIIs were the major investors with bids made for 6.54 crore shares. This was followed by mutual funds at 2.25 crore shares.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Sterling Holiday to issue 37.4 lakh shares to promoters

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line