Orbit Corp subscribed only 0.09 times in the first two days
March 22nd, 2007 by AnalystThe public issue of Orbit Corporation was opened on 20th March 2007 and in the first two days the issue was subscribed only 0.09 times. Out of the total of 3185000 equity shares reserved for retail investors bids were received for only 55400 equity shares in the first two days and no bid has been received in the QIB portion. The issue will close tomorrow on 23rd March 2007.
Posted in IPO |
