Midfield Industries IPO Latest News Today

IPO Listing Detail

Listing Date: Wednesday, August 04, 2010
BSE Scrip Code: 533220
Listing In: 'B' Group of Securities
ISIN: INE091K01010
Issue Price: Rs. 133.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Midfield Industries Ltd IPO will list on Wed, August 04, 2010. Issue price of this IPO has been fixed at Rs 133/- per share. IPO was oversubscribed by 12.92 times (13.51 times in retail).

IPO Listing Detail

Listing Date: Wednesday, August 04, 2010
BSE Scrip Code: 533220
Listing In: 'B' Group of Securities
ISIN: INE091K01010
Issue Price: Rs. 133.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Midfield Industries Ltd IPO allotment status is now available online.

Midfield Industries IPO was open on Jul 19, 2010 and closed on Jul 21, 2010. IPO was oversubscribed by 12.92 times (13.5100 times in retail).

Midfield Industries Ltd IPO allotment status is now available online.

Midfield Industries IPO was open on Jul 19, 2010 and closed on Jul 21, 2010. IPO was oversubscribed by 12.92 times (13.5100 times in retail).

Midfield Industries Ltd IPO finally subscribed 12.92 times on its closing day. Midfield Industries IPO was open on Jul 19, 2010 and closed today on Jul 21, 2010 for subscription. Midfield Industries has received bids for 5,81,48,250 shares as against issue size of 45,00,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 1.86 Times

Non Institutional Investors: 48.41 Times

Retail Individual Investors (RIIs): 13.51 Times

Total: 12.92 Times

Midfield Industries Ltd is entering in the capital markets with an initial public offering, IPO of 45,00,000 equity shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 126/- at lower level and Rs 133/- at upper level for equity share of Rs 10/-.

Midfield Industries Ltd is a leading manufacturers of steel strapping systems and providers of packaging solutions. Midfield provide packaging consumables like high tensile steel strapping in various dimensions and strengths, Different Seals for different applications, Collated Nails & Corner boards being used for general and the end of line packaging of goods by varied industries. Currently, the company caters to companies across wide spectrum of industries like steel, aluminium, glass, copper, paper, automobile, white goods and refractory etc.

The issue opens on Jul 19, 2010, and closes for subscription on Jul 21, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Midfield Industries Ltd IPO subscribed 1.90 times on its day 1. Midfield Industries IPO opens today on Jul 19, 2010 and will close on Jul 21, 2010 for subscription. Midfield Industries has received bids for 85,43,650 shares as against issue size of 45,00,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.62 Times

Non Institutional Investors: 9.27 Times

Retail Individual Investors (RIIs): 0.56 Times

Total: 1.90 Times

Midfield Industries Ltd is entering in the capital markets with an initial public offering, IPO of 45,00,000 equity shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 126/- at lower level and Rs 133/- at upper level for equity share of Rs 10/-.

Midfield Industries Ltd is a leading manufacturers of steel strapping systems and providers of packaging solutions. Midfield provide packaging consumables like high tensile steel strapping in various dimensions and strengths, Different Seals for different applications, Collated Nails & Corner boards being used for general and the end of line packaging of goods by varied industries. Currently, the company caters to companies across wide spectrum of industries like steel, aluminium, glass, copper, paper, automobile, white goods and refractory etc.

The issue opens on Jul 19, 2010, and closes for subscription on Jul 21, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Midfield Industries Ltd is entering in the capital markets with an initial public offering,  IPO of 45,00,000 equity shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 126/- at lower level and Rs 133/- at upper level for equity share of Rs 10/-.

Midfield Industries Ltd is a leading manufacturers of steel strapping systems and providers of packaging solutions. Midfield provide packaging consumables like high tensile steel strapping in various dimensions and strengths, Different Seals for different applications, Collated Nails & Corner boards being used for general and the end of line packaging of goods by varied industries. Currently, the company caters to companies across wide spectrum of industries like steel, aluminium, glass, copper, paper, automobile, white goods and refractory etc.

The issue opens on Jul 19, 2010, and closes for subscription on Jul 21, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).