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Omaxe IPO Oversubscribed

Date July 21, 2007

Omaxe IPO which closed for subscription on friday was heavily oversubscribed. The Omaxe IPO was oversubscribed by 68 times. The institutional investor category was oversubscribed by 95 times while the retail investor category was oversubscribed by 14 times. The Omaxe IPO had 17796520 shares on offer whereas bids were received for 1216188220 shares. Omaxe IPO was a super hit. Those who missed the Omaxe IPO can look forward to the IVR Prime IPO.

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