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    Thursday , May 12, 2016

   Parag Milk IPO fully subscribed

   Publication: The Hindu Business Line , Agency:Bureau
   Edition: Pune/Delhi/Chandigarh/Hyderabad/Chennai/Ahmedabad/Mumbai/Bangalore/Kolkata , Page No: 12 , Location: Top-Right , Size(sq.cms): 25
  

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N-NArendra 12.05 - 0034.htm
Parag Milk IPO fully subscribed
Mumbal, May 11
Parag Milk Foods, which was forced to extend its public offer period by three days, managed to close the issue on Wednesday. By evening, the QIB portion (for institutional investors) was subscribed 1.15 times, the non-institutional portion about 3.08 times and the retail portion was subscribed about 2.12 times. Overall, the offer was subscribed roughly 1.83 times. The company's offer was supposed to close on Friday, but the QJB portion with 75 per cent reservation, was subscribed only 0.55 times. The company then decided to extend the offer period by three trading days and the price band was revised to Rs 215-227. ourbureau
 
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Parag Milk IPO fully subscribed
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Date: Thursday , May 12, 2016
Publication: The Hindu Business Line, Agency: Bureau
Edition: Pune/Delhi/Chandigarh/Hyderabad/Chennai/Ahmedabad/Mumbai/Bangalore/Kolkata, Page No: 12, Location: Top-Right, Size(sq.cms): 25