Date:23/11/2006 URL: http://www.thehindubusinessline.com/2006/11/23/stories/2006112304691500.htm

Back Blue Bird IPO subscribed 5 times

Our Bureau

Mumbai , Nov. 22

The initial public offering of Blue Bird India Ltd has been subscribed 5.04 times at 7.00 p.m. on the last day of book building.

The QIB portion was subscribed 7.3152 times, while the retail individual portion received a good response and was subscribed 3.2004 times. The Non-institutional investors' portion was subscribed 1.7798 times at 7.00 p.m.

Bids have been received across the price band of Rs 90 - Rs 105. The company issued 87.75 lakh equity shares of Rs 10 each.