Gravita India IPO Subscription Details

Qualified Institutional Buyers (QIBs) 6.04
Non Institutional Investors 182.52
Retail Individual Investors (RIIs) 37.34

Gravita India IPO subscribed 41 times

Gets bids for 14.86 crore shares

The initial public offering (IPO) Gravita India, a manufacturer of lead metal, received a strong investor response. The IPO was subscribed 41.28 times by 17:00 IST on the last day of the issue today, 3 November 2010, data on NSE showed. The IPO got bids for 14.86 crore shares compared with 36 lakh shares on offer.