Sunday, March 20, 2011

Subsription Figures For PTC Financial IPO shows LIsting Gains Unlikely

Qualified Institutional Buyers:  2.85 Times



Non Institutional Investors:     0.22 Times



Retail Individual Investors:      1.18 times 



So in this ipo full allotement to retail investor because there are going to be a lot of stop payments plus addition of unsubscribed portion of (NII) segment.



So listing gains in this ipo are unlikely