First Winner Industries IPO gray market price

Today first winer industries ipo closed for subscription and subscribed 1.26 times at end. Expect listing price of Rs125 as gray market price indicates Rs115-120 range.

About First Winner Industries IPO
Symbol – Series FWIL EQ
Issue Period Jun 09, 2008 to Jun 17, 2008
Issue Size 55,00,000 EQUITY SHARES
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs.115/- to Rs.125/-
Tick Size Re. 1/-
Market Lot 50 shares
Minimum Order Quantity:50 shares
Maximum Subscription Amount for Retail Investor:Rs.100000
Book Running Lead Manager: ALMONDZ GLOBAL SECURITIES LIMITED