Unlike Emaar and Wockhardt which cut their IPO price bands, IRB Infrastructure plunged into the volatile capital market with its original price band of Rs 185-220.
As of 5 Pm, IRB issue was subscribed by 44% overall. The QIB portion was however higher at 75%. The issue closes on feb 5.
Wokhardt was yet to open its account as of 5 PM. It has revised its price band at Rs 280-310 (orig Rs 225-260)
Emaar IPO opens tomorrow with revised price band of Rs 540-630 (orig Rs 610-690)
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