Zylog Systems Limited IPO oversubscribed 3.1 times on first day

Zylog Systems Limited IPO has been oversubscribed by 3.1 times on very first day of opening.
The bidding status as on 20-7-2007 at 2030 hrs IST is as follows:

QIBs: 5.31 times
Non-Institutional Investors: 0.01 times
Retail: 0.02 times
Employees: 0.00 times
Overall: 3.10 times