KPR Mill IPO Subscription, Allotment and Listing Details

August 12, 2007

KPR Mill IPO was subscribed by 1.2 times. Retail part of KPR Mill IPO remained under-subscribed. The IPO issue price of KPR Mill IPO has been fixed at the lower end of the IPO price band at Rs. 225 per share. Retail Investors would get full allotment since the retail investor category in the KPR Mill IPO was under-subscribed. Investors should sell off the shares which they got alloted in the KPR Mills IPO, on the listing date itself. Investors should not be scared to book losses on the listing date, even in case KPR Mill lists at a discount to the IPO Issue price. Waiting for the stock price to rise might lead to further losses.

Posted in IPO, IPO Subscription Details, Allotment Status, IPO Listing Price