Rishabhdev Technocable Limited IPO Subscription & Allotment Status

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Great starts for the IPO Market. It was very cool for last one year and so but Rishabhdev Technocable Limited IPO starts with a milestone. There are so many rumors around in the market about this IPO. So many people finds themselves very hazy about filling this IPO but today was the last day of subscription & wow it is really good one.

Finally Rishabhdev Technocable Limited IPO got their full subscription. In Retails there is a huge subscription in this IPO. 

Rishabhdev Technocable Limited IPO Subscription Status:

QIBs – 0.2263 times

Non Institutional – 12.1516 times
Retails (RIIs) – 16.6322 times

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Total – 7.76 times

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There are many speculations around this IPO. It may list around 40-45 rs. Lucky persons will get the allotment. So, ready for another rally of IPO market in 2009.

Rishabhdev Technocable Limited IPO Allotment Status – Click Here

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