SVPCL IPO Subscribed by 1.09 times

Paper Products manufacturer SVPCL has completed its subscription of the IPO yesterday. SVPCL IPO has received poor response from the the investos and the issue have been subscribed by 1.09 times only.

At the end of the Subscription of the SVPCL IPO on 26th October,2007 the issue has received 9,391,500 bids as against the original issue size of 8,625,000 shares offered to the public.

SVPCL IPO is issued at price band of Rs 40 to 45 and the market sentiment in this IPO is not so good, it would be interesting to see how the IPO performs well on the listing.

For more updates on the SVPCL IPO Allotment details, Listing date and expected listing prices do check this site regularly.