TAKE Solutions IPO Subscription, Allotment and Listing Details

August 12, 2007

TAKE Solutions IPO was heavily oversubscribed as expected by everyone. Since TAKE Solutions IPO was an issue involving a fundamentally strong company which was offered to the public at very attractive valuations, investors lapped up the shares in the TAKE Solutions IPO. The TAKE Solutions IPO was subscribed by 59.5 times. Retail Investor category got subscribed 22.4 times and the Qualified Institutional Bidder category got subscribed by over 74.6 times. Allotment will be tough to get since the retail investor category in the TAKE Solutions IPO has been heavily oversubscribed. TAKE Solutions IPO subscription figures suggest that the TAKE Solutions stock will have a very good listing and will list at a huge premium to the IPO issue price. The TAKE Solutions IPO has been priced at the upper end of the price band. If TAKE Solutions lists at a huge premium on the listing date, then investors who get allotment should consider selling the shares of TAKE Solutions IPO which they got alloted in the IPO.

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