Subject: IPO Bidding - Readymade Steel India Ltd

Hello Friend,

1. Readymade Steel India IPO finally subscribed 1.68 times on its closing day. Readymade Steel India IPO was open on June 27, 2011 and closed today on Jun 29, 2011 for subscription. Readymade Steel India has received bids for 65,03,820 shares as against issue size of 38,60,588 shares.

Subscription Detail for Day 3 (Closing Day)

Qualified Institutional Buyers (QIBs): 0.03 Times
Non Institutional Investors: 1.37 Times
Retail Individual Investors (RIIs): 4.18 Times

Total: 1.68 Times

Click on the below link to find more detailed bidding information of Readymade Steel India IPO:

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Good Luck Team