SRS IPO Latest News Today

SRS Ltd IPO shares will list on Friday, September 16, 2011. Issue price of this IPO has been fixed at Rs 58/- per share. IPO was oversubscribed by 1.25 times (0.32 times in retail) on closing day.

SRS IPO Listing Date

Listing Date: Friday, September 16, 2011
BSE Scrip Code: 533569
NSE Symbol: SRSLTD
Listing In: 'B' Group of Securities
ISIN: INE219H01039
Issue Price: Rs. 58.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

SRS Limited IPO allotment status is now available online.

SRS Ltd IPO was open on Aug 23, 2011 and closed on Aug 26, 2011. IPO was oversubscribed by 1.25 times (0.32 times in retail) on closing day.

SRS Limited IPO finally subscribed 1.25 times on its closing day. SRS Limited IPO was open on August 23, 2011 and closed today on August 26, 2011 for subscription. SRS has received bids for 4,37,27,200 shares as against issue size of 3,50,00,000 shares.

Subscription Detail for Day 4 (Closing day)

Qualified Institutional Buyers (QIBs): 0.75 Times
Non Institutional Investors: 5.11 Times
Retail Individual Investors (RIIs): 0.32 Times

Total: 1.25 Times

SRS Limited IPO subscribed 0.74 times on its day 3. SRS Limited IPO was open on August 23, 2011 and will close tomorrow on August 26, 2011 for subscription. SRS has received bids for 2,57,73,700 shares as against issue size of 3,50,00,000 shares.

Subscription Detail for Day 3

Qualified Institutional Buyers (QIBs): 0.62 Times
Non Institutional Investors: 2.62 Times
Retail Individual Investors (RIIs): 0.10 Times

Total: 0.74 Times

SRS Limited IPO subscribed 0.54 times on its day 2. SRS Limited IPO was open on August 23, 2011 and will close on August 26, 2011 for subscription. SRS has received bids for 1,90,62,300 shares as against issue size of 3,50,00,000 shares.

Subscription Detail for Day 2

Qualified Institutional Buyers (QIBs): 0.55 Times
Non Institutional Investors: 1.67 Times
Retail Individual Investors (RIIs): 0.06 Times

Total: 0.54 Times

SRS Limited IPO subscribed 0.36 times on its day 1. SRS Limited IPO opens today on August 23, 2011 and will close on August 26, 2011 for subscription. SRS has received bids for 1,27,07,900 shares as against issue size of 3,50,00,000 shares.

Subscription Detail for Day 1

Qualified Institutional Buyers (QIBs): 0.45 Times
Non Institutional Investors: 0.85 Times
Retail Individual Investors (RIIs): 0.03 Times

Total: 0.36 Times

SRS Ltd fixes it's IPO price band at Rs 58/- at lower level and Rs 65/- at upper level. The issue of SRS IPO opens on Aug 23, 2011 and closes for subscription on Aug 26, 2011.

SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. Company operates 23 SRS Value Bazaar retail stores, 15 food courts and 30 cinema screens in North India. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi.

The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

SRS Limited is entering in the capital markets with an initial public offering, IPO of 35,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs */- at lower level and Rs */- at upper level.

SRS Limited is engaged in the business of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. Company operates 23 retail stores, 15 food courts and 30 cinema screens in North India. The company also operates five jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi.

The issue opens on Aug 23, 2011 and closes for subscription on Aug 26, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).