Avon Weighing Systems IPO subscribed 45 Times

Avon Weighing Systems IPO received an overwhelming response from the investors as the issue was subscribed by over 45 times. This is after a long time that a fixed price Public issue has hit the markets and people have shown good interest by oversubscribing the issue by 44 times. Avon Weighing IPO subscription started on 9th June, 2007 with a public issue over 1.37 crore equity shares priced at Rs. 10 each closed today for subscription.

Avon Weighing IPO is proposed to be listed on the BSE and the Book Running Lead Manager to the issue is Keynote Corporate Services. Datamatics Financial Services Limited is the Registrar to the issue.