Subject: Oil india Ltd IPO subscribed 4.02 times on day 3

Hello Friend,

1. Oil India Ltd IPO subscribed 4.02 times on day 3. Oil India received bids for 10,62,61,890 shares against issue size of 2,64,49,982 shares. The issue of Oil India was open on September 7, 2009, and closes tomorrow for subscription on September 10, 2009.

IPO received good response from Qualified Institutional Buyers (QIBs). The QIBs category was subscribed 2.5549 times on day 2 and subscribed more than 7 times on Day 3.

Detailed subscription of Oil India IPO on day 3 (Wednesday, September 09, 2009)

Qualified Institutional Buyers (QIBs): 7.1810 Times
Non Institutional Investors: 0.0370 Times
Retail Individual Investors (RIIs): 0.3096 Times
Employees: 0.1404 Times
Total: 4.02 Times

Click on the below link to find more detail about Oil India Ltd IPO:

2. Need FREE IPO content for your website?

Good Luck Team