Tulsi Extrusions IPO Allotment Status
As we had posted here about this Tulsi Extrusions IPO arrival in the primary market here
Tulsi Extrusions Ltd plans to raise up to 485 million rupees through an initial public offering of shares, starting on Feb. 1, it said on Monday.
The maker of PVC pipes based in Jalgaon, Maharashtra, has set a price band of 80 rupees to 85 rupees a share, and plans to sell 5.7 million shares, it said in a regulatory filing.
The company intends to use the issue proceeds for expanding manufacturing capacity for pipes and moulded fittings at Jalgaon, and for working capital requirements, it said in its draft prospectus.
The IPO has been subscribed 2.07 times in retail section.
These were the IPO over subscription details posted here before
Qualified Institutional Buyers (QIBs) 1.5406
Non Institutional Investors 3.1076
Retail Individual Investors (RIIs) 2.4597
Employee Reservation 1.0673
The IPO allotment status has been declared and you can visit the link given here to know the status of your IPO order. We had applied for 300 shares, and we received 132 shares.
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[...] Ltd and the registrar to the issue is Intime Spectrum Registry Ltd. We had updated the link for Tulsi Extrusions IPO allotment status, please check it if you have not yet. IPO Listing [...]