celestial details As per the figures provided to us by the RTA, M/s Karvy Computershare (P) Ltd. the subscription figures for Celestial Labs are as follows:
Public Shares offered : 3000000 Shares Applied for: 10557899
Dear All, Allotment Status of Celestial is out at KArvy Website. you can view your allotment status at karvy webiste. However Retail Portion subscription is 3.45 Times.
Dili, today was only the 14th day after the issue closed. Normal book-building issues' allotment details are available by 13th-15th day. But fixed price issues have the liberty to list by at most 1 month after closing, and allotment can be out couple of days before listing.
I have read somewhere that celestial lab ipo will list below our expected price,and we might have to book profit!! Is it true as the overall subscription is only 2.5 times the chances of loss are higher? does overall subscription is the only way to judge the ipo's future performance? would appreciate help in this matter. thanks in advance.
Dear Mastan, Since it is a Fixed Price Issue Allotment will take 21 Days & Listing 30 Days. So Issue is closed on 22-6-2007. Hence the Listing will in between 16-7-2007 to 20-7-2007.