| Issue Size | 9978503 | 100% | |
| Cumulative Bid Quantity |
223120 | 2.24% |
IPO of Speciality Restaurants Ltd Opened yesterday to a Poor Response…Even on the second day today as at 5 pm the Issue was subscribed just over 2% from data culled from the BSE and NSE websites as reflected above …The Pricing is in the Band of Rs 146 to Rs 155…Issue closes tomorrow May 18,2012
Interestingly 5 Anchor Investors have committed Rs 26 crores to subscribe for an aggregate of 1760912 shares at Rs 150 just pre IPO Opening
Expect BRLM Kotak Mahindra Capital Company to announce withdrawal of the issue …till near 7 pm no such announcement has been made…ofcourse unless they have a Plan B and C to get the Issue subscribed by tomorrow
Seems The Pricing of it’s IPO and at it’s Restaurants is out of Reach of the Public !
Update 9.10 pm,May 18,2010
Would you believe this !…till 11 am this morning,the last day of closing, the issue was barely over 5% subscribed and it closed with over 2.5 times oversubscribed !
| Issue Size | 9978503 | 100% | |
| Cumulative Bid Quantity Bid figures are inclusive of optional bidding quantity |
25379560 | 254.34% |
Well Done BRLM !…interesting to see the nature of subscriptions as below that came in in every quota today !
Yet feel the Issue was overpriced….but some Mutual Funds don’t seem to think so !…they have oversubscribed on the last day ….hope everything is above board here and there is no seducing or inducing or same house as BRLM involved !…curious to know how many and which Mutual Funds subscribed so heavily today today !…
| Speciality Restaurants Limited |
Last updated on 18/05/2012 06:30 PM
|
|||
| Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
| 1 | Qualified Institutional Buyers (QIBs) | 4108795 | 19237280 | 4.6800 |
| 1(a) | Foreign Institutional Investors (FIIs) | 4343560 | ||
| 1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | 1290320 | ||
| 1(c) | Mutual Funds | 12313080 | ||
| 1(d) | Others | 1290320 | ||
| 2 | Non Institutional Investors | 1760912 | 3863000 | 2.1900 |
| 2(a) | Corporates | 2717720 | ||
| 2(b) | Individuals (Other than RIIs) | 1145280 | ||
| 2(c) | Others | 0 | ||
| 3 | Retail Individual Investors (RIIs) | 4108796 | 2279280 | 0.5500 |
| 3(a) | Cut Off | 1998480 | ||
| 3(b) | Price Bids | 280800 | ||
| These are control totals | 9978503 | 25379560 | 2.54 |