taking stock

A phrase that the Oxford English Dictionary reports was first used in 1736. It means "to make an inventory of the merchandise, furniture, etc., in one's own possession, recording its quantity and present value, or to make a careful estimate of one's position with regard to resources, prospects, or the like."

Wednesday, June 13, 2007

What a 'Vishal' response !

The Vishal Retail IPO closed today. The subscription statistics are mind boggling. The chances of getting allotment seem very bleak since the allotment ratios are gonna be nasty even for the higher multiples.

Overall the issue has been subscribed 69.08 times.

Category Subscription (times)
Retail Category
50.4015
Qualified Institutional Buyers 45.5514
Non-Institutional Buyers 311.5705
Employees 1.3438

Said Rajesh at 10:10 PM

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