Jyothy Laboratories IPO Subscription Details

November 26, 2007

Jyothy Laboratories IPO Subscription was very slow and received a dull response from the investors, the issue received  1.27 times subscription on the day before the issue closing, with 5.63 million bids as against the total issue size of 4.43 million shares. Jyothi Laboratories IPO closes for subscription tommorrow that is Nov. 27, 2007.  Issue would be oversubscribed on the final day and the market sources are estimating a over subscription of around 50 times. Investors stand a chance if they apply for more than 20 lots in this issue. For more updates on the Jyothy laboratories IPO subscription detail visit this blog.

Posted in IPO-Subscription, Indian IPOs