Bharatiya Global Infomedia IPO Latest News Today

Bharatiya Global Infomedia IPO shares will list on Thursday, July 28, 2011. Issue price of this IPO has been fixed at Rs 82/- per share. IPO was oversubscribed by 2.06 times (5.06 times in retail) on closing day.

Bharatiya Global Infomedia IPO Listing Date

Listing Date: Thursday, July 28, 2011
BSE Scrip Code: 533499
Listing In: 'B' Group of Securities
ISIN: INE224M01013
Issue Price: Rs. 82.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Bharatiya Global Infomedia IPO allotment status is now available online.

Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and closed on Jul 14, 2011. IPO was oversubscribed by 2.06 times (5.06 times in retail) on closing day.

Bharatiya Global Infomedia IPO finally subscribed 2.06 times. Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and closed today on Jul 14, 2011 for subscription. Bharatiya Global Infomedia has received bids for 1,38,66,150 shares as against issue size of 67,20,000 shares.

Subscription Detailon Day 4 (Closing day)

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 1.94 Times
Retail Individual Investors (RIIs): 5.06 Times

Total: 2.06 Times

Bharatiya Global Infomedia IPO remain unsubscribe on day 3 due to lack of interest shown by Qualified Institutional Buyers (QIBs). Bharatiya Global Infomedia IPO subscribed 0.47 times. Bharatiya Global Infomedia IPO was open on Jul 11, 2011 and will close tomorrow on Jul 14, 2011 for subscription. Bharatiya Global Infomedia has received bids for 31,25,250 shares as against issue size of 67,20,000 shares.

Subscription Detail for Day 3

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.29 Times
Retail Individual Investors (RIIs): 1.20 Times

Total: 0.47 Times

Bharatiya Global Infomedia Ltd is entering in the capital markets with an initial public offering, IPO of 6,720,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 75/- at lower level and Rs 82/- at upper level.

Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, engaged in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & development.

The issue opens on Jul 11, 2011 and closes for subscription on Jul 14, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).