Edelweiss IPO Over Subscription :Edelweiss IPO Over subscribed 114 times

The Edelweiss Capital IPO was subscribed four times within hours of the issue opening for subscription today.At the end of3 days Edelweiss capital IPO is over subscribed by 114 times.

It seems Edelweiss IPO will be over subscribed by atleast 50-70 times by conservative basis.Expect poor allotment in edelweiss capital ipo.

Edelweiss Capital has entered the capital market with its IPO of 83.86 lakh equity shares of Rs 5 each for cash.

The price band of the issue has been fixed between Rs 725 and Rs 825. The issue will remain open till November 20.

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