verdana INDIAN STOCK MARKET: Tree House Education & Accessories Ltd IPO 0.44% subscribed on Day 1

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Tree House Education & Accessories Ltd IPO 0.44% subscribed on Day 1


Objects of the Issue:
The object of the issue are to:
1. Expansion of pre-school business;
2. Acquisition of office space;
3. Procurement of exclusivity rights to provide educational services;
4. Construction of infrastructure for educational complexes in Rajasthan and Gujarat;
5. Repayment of loan; and
6. General corporate purposes.
Issue Detail:
  »»  Issue Open: Aug 10, 2011 - Aug 12, 2011
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 8,432,189 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 113.83 - 129.01 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. 135 - Rs. 153 Per Equity Share
  »»  Market Lot: 40 Shares
  »»  Minimum Order Quantity: 40 Shares
  »»  Listing At: BSE, NSE


Issue Subscription Detail / Current Bidding Status

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional Investors (NIIs)Retail Individual Investors (RIIs)Total
Shares Offered / Reserved 2,951,267  1,264,828  2,951,266  7,167,361 
 Day 1 - Aug 10, 2011 17:00 IST 0.5000 0.0600 0.5400 0.4400

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