CCCL IPO : Consolidated Construction issue subscribed 81 times

The Initial public offering (IPO) of Consolidated Construction Consortium Limited a provider of integrated turn-key construction services,has recieved tremendous response from the investors.IPO Subscription of Consolidated Construction Consortium, CCCL IPO was good based on the Markets making new highs and Realty stocks buzzing in the last 3 trading sessions.

As per the National Stock Exchange of India,CCCL IPO was subsribed by 81.18 times.The Public issue received bids for 29.93 crore shares, including bids for 1.24 crore shares at cut off price.

Qualified Institutional Buyers portion was subscribed 117.67 times, Non Institutional Investors portion was subscribed 67.6202 and most importantly the Retail Portion of the CCCL IPO was subsribed by 12.69 times.

This IPO has received excellent subscription both from the Institutional as well as the Retail Investors which means the Consolidated Construction IPO listing will give bumper returns but the allotment in CCCL IPO would be low for the investors.

For more information and updates on Consolidated Construction Consortium CCCL IPO Allotment,Listing Date,Listing Price do check this blog regularly.