Porwal Auto IPO Allotment to be firm for investors

December 20, 2007

Porwal Auto Components (PACL) IPO Allotment will be firm for the investors who have applied in the IPO. Overall the Porwal Auto IPO received dull response from the investors and the issue has been subscribed by 1.03 times in which the Retail investors category has been subscribed by 2.44 times. Qualified Institutional Investors category and Non Institutional investors category both are under subscribed and hence the available shares under these categories will be allotted to the Retail Investors. Investors will get firm allotment in the Porwal Auto IPO. More information and updates regarding the Porwal Auto IPO Allotment and listing dates will be updated as soon as it is made available by the registrar. Do check back for Porwal Auto IPO Listing Date.

Posted in IPO-Allotment