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Omnitech InfoSolutions IPO Subscription, Allotment and Listing

Date July 28, 2007

Omnitech InfoSolutions IPO was oversubscribed heavily. Omnitech InfoSolutions IPO received huge number of bids on the last day and the IPO got oversubscribed by 62 times. The Retail Investor category got subscribed 51 times and the Qualified Institutional Bidder category got subscribed by over 62 times. Getting allotment in the Omnitech InfoSolutions IPO will be very tough since the retail investor category has been heavily oversubscribed. If Omnitech InfoSolutions lists at a huge premium on the listing date, then investors who get allotment should consider selling the shares of Omnitech InfoSolutions IPO which they got alloted in the IPO.

Category Posted in IPO, Allotment Status

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