05 October 2011

M and B Switchgears, IPO, Oversubscribe: 1.57x; QIB- 1.03x; HNI -1.56x; retail: 2.35x

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M AND B SWITCHGEARS LIMITED

Total Issue Size5000000
Total Bids Received7843710
Total Bids Received at Cut-off Price3853650
No. of times issue is subscribed1.57

Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)250000025693201.03
1(a)Foreign Institutional Investors (FIIs)2569320
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)0
1(c)Mutual Funds0
1(d)Others0
2Non Institutional Investors75000011679601.56
2(a)Corporates552030
2(b)Individuals (Other than RIIs)615930
2(c)Others0
3Retail Individual Investors (RIIs)175000041064302.35
3(a)Cut Off3853650
3(b)Price Bids252780

Updated as on 05 Oct 2011 at 1800 hrs

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