Mumbai: Pipavav Shipyard announced on Tuesday that it has fixed it IPO price at Rs 58. This is Rs 2 less than the upper band. The price band for the company’s 8.5 crore shares issue was fixed at Rs 55-60. Pipavav’s IPO, which closed on September 18, was subscribed close to …
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Pipavav Shipyard IPO fully subscribed in first hour
Posted on: September 16th 2009 in Stock News.
The initial public offer (IPO) of the private sector shipbuilder, Pipavav Shipyard, today got fully subscribed in the very first hour of its first day of subscription.Pipavav Shipyard, which expects to raise as much as Rs 513 crore through its public offer, received bids for 76.33 million…
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