Subscription
BGR Energy Systems IPO subscribed for more than 100 times
Retail segment more than 40% . Only 2 out of 5 investors who applied for maximum at cut off will get allotment in the BGR Energy IPO
The total demand exceeded Rs 52,000 crs. as against the offering of Rs 438 crs.
Listing
first week of January, 08
Utilization
Long term working capital requirements
expand production capacity by establishing additional manufacturing facilities in India, China and the Middle East and fund expenditure for general corporate purposes
Source : ET, Business Line, sites.
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