Adani Power IPO Subscription expectation
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The much-awaited big-ticket IPO from the Adani group will open on Tuesday amid high expectations from the group that saw its earlier offering, the Mundra Port & SEZ (MPSEZ) issue, being oversubscribed a record 116 times in November 2007.
Adani Power IPO Subscription expectation
It may subscribe 2 to 3 times in the retail category.
HNI and QIB category can subscribe 5 to 7 times.
Overall subscription should be 3 to 5 times.
Posted: July 28th, 2009 under buzz.
Tags: Adani Power IPO