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, July 11, 2007

Everonn Systems India Limited IPO - Subscription

The Everonn Systems IPO ended today with some ridiculous subscription statistics.

Category Subscription (times)
Retail Category
123.8025
Qualified Institutional Buyers 92.9454
Non-Institutional Buyers 277.8083
Overall
131.47

The issue has been so heavily oversubscribed in each of the categories that the allotment process will be like a bumper lottery. Of course, it is definitely going to be a bumper prize to the investor who gets allotment.

Said Rajesh at 9:51 PM

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