Jindal Cotex IPO subscribed 2.20 times

Jindal Cotex IPO has finally been subscribed by 2.20 times. The HNI Category was oversubscribed 5.93 times, with Retail Category getting subscription of 3.09 times

Jindal Cotex IPO Subscription Status (Final) as on Tuesday, September 01, 2009 1700 hrs IST:
QIB: 0.66 times
Non-Institutional Investors: 5.93 times
Retail: 3.09 times
Employees: 0.03 times
Overall: 2.20 times

Jindal Cotex IPO was subscribed only 0.62 times till the second-last day. The IPO was open from Thursday, August 27, 2009