MBL Infra IPO Latest News Today

MBL Infrastructures Ltd IPO will list on Monday, January 11, 2010. Issue price of this IPO has been fixed at Rs 180/- per share.

IPO Listing Detail:

Listing Date: Monday, January 11, 2010
BSE Script Code: 533152
NSE Symbol: MBLINFRA
Listing In: B Group of Securities
Sector:
ISIN: INE912H01013
Issue Price: Rs. 180.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

MBL Infrastructures Ltd IPO will list on Monday, January 11, 2010. Issue price of this IPO has been fixed at Rs 180/- per share.

IPO Listing Detail:

Listing Date: Monday, January 11, 2010
BSE Script Code: 533152
NSE Symbol: MBLINFRA
Listing In: B Group of Securities
Sector: 
ISIN: INE912H01013
Issue Price: Rs. 180.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

MBL Infrastructures Ltd IPO allotment Status is now available online.

MBL Infrastructures IPO was open on Nov 27, 2009 and closed on Dec 01, 2009. IPO was oversubscribed by 1.97 times (0.3963 times in retail).

MBL Infrastructures Ltd IPO allotment Status is now available online.

MBL Infrastructures IPO was open on Nov 27, 2009 and closed on Dec 01, 2009. IPO was oversubscribed by 1.97 times (0.3963 times in retail).

MBL Infrastructures IPO got trouble due to some legal issues. Company published a letter to its investors giving the option to withdraw from the public issue because company failed to disclose a pending law suit in its Red Herring Prospectus.

Due to define rules by SEBI, Company has given an option to its investors to withdraw the application with in 10 days. The last date of receipt of request for withdrawal shall be 10th day from the date hereof, i.e., on or before 5.30pm on December 22, 2009.

This may cause some delay in share allotment and refund for MBL Infrastructures IPO. Investors who do not want to block their money may withdraw their IPO application in 10 days.

MBL Infrastructures Ltd IPO fully subscribed on it's closing day. MBL Infrastructures received bids for 95,77,750 shares against issue size of 48,60,000 shares. The issue of MBL was open on November 27, 2009, and closes today for subscription on December 01, 2009.

Detailed subscription of MBL IPO on day 3 (Tuesday, December 01, 2009)

Qualified Institutional Buyers (QIBs): 3.3493 Times
Non Institutional Investors: 2.6459 Times
Retail Individual Investors (RIIs): 0.3963 Times
Employees: 0.1376 Times
Total: 1.97 Times

Incorporated in 1995, MBL Infrastructures Ltd is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients.

The price band for the issue has been fixed at Rs 165/- at lower level and Rs 180/- at upper level for equity share of Rs 10/-. MBL is entering in the capital markets with an initial public offering, IPO of 5,700,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The issue opens on November 27, 2009, and closes for subscription on December 01, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

MBL Infrastructures Ltd IPO subscribed 0.46 times on it's day 2. MBL received bids for 22,39,195 shares against issue size of 48,60,000 shares. The issue of MBL was open on November 27, 2009, and closes tomorrow for subscription on December 01, 2009.

Detailed subscription of MBL Infrastructures Ltd IPO on day 2 (Monday, November 30, 2009)

Qualified Institutional Buyers (QIBs): 0.6791 Times
Non Institutional Investors: 0.9487 Times
Retail Individual Investors (RIIs): 0.0511 Times
Employees: 0.1117 Times
Total: 0.46 Times

MBL Infrastructures Ltd IPO subscribed 0.11 times on it's day 1. MBL received bids for 5,16,775 shares against issue size of 48,60,000 shares. The issue of MBL is opens today on November 27, 2009, and closes for subscription on December 01, 2009.

Detailed subscription of MBL Infrastructures Ltd IPO on day 1 (Friday, November 27, 2009)

Qualified Institutional Buyers (QIBs): 0.0000 Times
Non Institutional Investors: 0.5325 Times
Retail Individual Investors (RIIs): 0.0305 Times
Employees: 0.0973 Times
Total: 0.11 Times

Incorporated in 1995, MBL Infrastructures Ltd is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients.

The price band for the issue has been fixed at Rs 165/- at lower level and Rs 180/- at upper level for equity share of Rs 10/-.MBL is entering in the capital markets with an initial public offering, IPO of 5,700,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The issue opens on November 27, 2009, and closes for subscription on December 01, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Incorporated in 1995, MBL Infrastructures Ltd is engaged in the construction and maintenance of roads and highways, industrial infrastructure projects and other civil engineering projects for various government bodies and other clients.

The price band for the issue has been fixed at Rs 165/- at lower level and Rs 180/- at upper level for equity share of Rs 10/-. MBL is entering in the capital markets with an initial public offering, IPO of 5,700,000 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The issue opens on November 27, 2009, and closes for subscription on December 01, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).