Softlogic gives 100% to retail applicants

Wednesday, 22 June 2011 00:26 - - {{hitsCtrl.values.hits}}

Softlogic Holdings yesterday announced the basis of allocation on its Rs. 4 billion Initial Public Offering (IPO) with retail individual investor category getting 100% of their request.

The IPO made available to the public 139 million shares at Rs. 29 each and was oversubscribed by 4.22 times recently. Following is the full basis of allotment:

Retail Investor Category: 100%

Non Retail Category

Unit Trust Investor Category

Two qualifying unit trusts were allotted the total number of shares applied for.

Employees

The number of shares applied for in each category and the number allotted are as follows:

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