Timbor Home IPO Latest News Today

Timbor Home IPO shares will list on Wednesday, June 22, 2011. Issue price of this IPO has been fixed at Rs 63/- per share. IPO was oversubscribed by 5.78 times (14.22 times in retail) on closing day.

Timbor Home IPO Listing Date

Listing Date: Wednesday, June 22, 2011
BSE Scrip Code: 533444
NSE Symbol: TIMBOR
Listing In: 'B' Group of Securities
ISIN: INE346L01016
Issue Price: Rs. 63.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Timbor Home IPO allotment status is now available online. Timbor Home IPO was open on May 30, 2011 and closed on Jun 02, 2011. IPO was oversubscribed by 5.78 times (14.22 times in retail) on closing day.

Timbor Home IPO finally subscribed 5.78 times. Timbor Home IPO was open on May 30, 2011 and closed today for subscription. Timbor Home has received bids for 21,339,400 shares as against issue size of 3,690,000 shares.

Subscription Detail for Day 4

Qualified Institutional Buyers (QIBs): 0.6500 Times
Non Institutional Investors: 3.2200 Times
Retail Individual Investors (RIIs): 14.2200 Times

Total Over-subscription: 5.78 Times

Timbor Home IPO fully subscribed on its day 3. Timbor Home IPO was open on May 30, 2011 and will close tomorrow on Jun 02, 2011 for subscription.

Subscription Detail for Day 3

Qualified Institutional Buyers (QIBs): 0.00 Times
Non Institutional Investors: 0.01 Times
Retail Individual Investors (RIIs): 2.88 Times

Total: 1.01 Times

Timbor Home IPO subscribed 0.68 times on its day 2. Timbor Home IPO was open on May 30, 2011 and will close on Jun 02, 2011 for subscription. Timbor Home has received bids for 25,11,500 shares as against issue size of 36,90,000 shares.

Subscription Detail for Day 2

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

Total: 0.68 Times

Timbor Home Ltd is entering in the capital markets with an initial public offering, IPO of 3,690,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 54/- at lower level and Rs 63/- at upper level.

Timbor Home Ltd is an India based manufacturer and retailer of Italian style modular kitchen components, door frames, home furniture and accessories. Company markets its products under brand names Timbor Cucine, Timbor Doors Timbor Home and IKI Kitchens.

The issue opens on May 30, 2011 and closes for subscription on Jun 02, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).