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Mumbai, Dec. 20 Porwal Auto Components Ltd, engaged in manufacturing and selling SG and CI castings for the automobile sector, on the last day of its IPO was subscribed 1.03 times across the price band on both the BSE and NSE.

It received a total of 5,16,650 bids. The qualified institutional investors portion was subscribed 0.21 times, the non-institutional investors were subscribed by 0.48 times while the retail investors where subscribed by 2.44 times.

Precision Pipes and Profile Company Ltd was subscribed by 10.35 times on the last day of its issue.

The issue was subscribed a total of 5.03 times by qualified institutional investors, 8.58 times by non-institutional investors and 18.7 times by retail investors.

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