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Monday, Oct 10, 2005


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Shree Renuka IPO subscribed six times

Our Bureau

MUMBAI: The IPO of Shree Renuka Sugars was oversubscribed 6.12 times on Friday, the first day that it opened. A large number of bids received were in the QIB category, which got oversubscribed 10 times, a company release said.

The 100-per cent book-built IPO is priced between Rs 250 and Rs 300 and it will close on October 14.

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Shree Renuka IPO subscribed six times


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