Religare IPO has been oversubscribed heavily

Date October 30, 2007

Its just day 2, but the Religare IPO has already been oversubscribed heavily. At the end of day 2, the Religare Enterprises IPO has received a subscription of over 11.5 times. Most of the subscription has come in from Insititutional investors. Religare IPO opened for subscription on Oct 29, 2007 and will close for subscription on November 01, 2007. Almsot all analysts have recommended their clients to apply in the Religare IPO for both listing as well as long term gains.

Category Posted in IPO India