Initial Public offering (IPO) of Renuka Agri Foods Ltd – Basis of Allotment.
Tuesday, December 8th, 2009 at
7:23 pm
The Directors of above Company made an announcement to Colombo Stock Exchange regarding their recently concluded IPO.
Investors who applied 1000 to 10,000 shares will get the full amount.
Investors applied over 10,000 shares will get 10,000 shares & 5.99% of the total applied.
The board of directors of Renka Agri Foods Ltd further said in their statement that they believe the above mentioned basis is fair to all applicants considering the total number of shares applied.
Renuka Agri Foods IPO oversubscribed more than twelve times.
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Filed under: IPO
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