Saving-Ideas.com

Icon

Personal Finance Blog India –

Shriram Trsnaport NCD Issue – % Subscription As On 08/10/2013


Shriram Transport finance NCD – Oct issue have opened yesterday Oct 07,2013 and have good response from retail investors.

Figures suggests that issue is Over subscribed for Category III investors means High Networth Individuals investing more than 5 Lakh Rupees.

% Subscription of Shriram NCD issue as on 08/10/2013 @ 5:00 PM:

Category Bucket size – Cr % Subscription as on 08/10/2013
I 50 0.04%
II 50 1.04%
III 150 104.64%
IV 250 38.94%

One can view that issue have got less response from institutional -Category I investors but good response from retail investors i.e from category III and IV investors.

Shriram Transport is scheduled to close on 21/10/2013 but likely to over subscribe for Category IV as well.So investors looking to invest should make the hurry to get confirmed allotment.

Shriram Transport Finance company is looking to raise 500 crores through this issue.


Category: Fixed Income

Tagged:

Leave a Reply

Advertisement:

Categories

Categories

Blog Archives

See How Much Interest Your Saving Have Generated!!!Final Value will be Original Principal + Interest generated

Blog Author

Blog Author

Who's Online

17 visitors online now
3 guests, 14 bots

Disclaimer

Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
17 visitors online now
3 guests, 14 bots, 0 members
Max visitors today: 18 at 07:31 am UTC
This month: 39 at 06-07-2017 08:08 am UTC
This year: 56 at 02-27-2017 10:53 am UTC
All time: 363 at 09-23-2016 05:45 am UTC
Thank You For Visiting This Blog!!!