Total Transport Systems IPO oversubscribed 20.17 times
DSIJ Intelligence / 27 Jul 2017

The initial public offer (IPO) of Total Transport Systems Limited, which opened on July 25, 2017, was oversubscribed by 20.17 times. The IPO closes on on July 28, 2017.
The initial public offer (IPO) of Total Transport Systems Limited, which opened on July 25, 2017, was oversubscribed by 20.17 times. The IPO closes on on July 28, 2017.
The total issue size of the IPO stands at 37,80,000 shares. As per data available with the National Stock Exchange as of 1615 hours on Thursday, the total bids received stood at 7,62,48,000 shares.
The IPO price was fixed at Rs 45 per share of face value of Rs 10 per share. The minimum order quantity is one market lot which consists of 3,000 equity shares. Maximum subscription amount for retail investors is Rs 2,00,000.
Another IPO of Keerti Knowledge and Skills Limited was oversubscribed by 1.16 times. The IPO opened on July 24 and will close on July 28, 2017.
The total issue size of the IPO stands at 7,80,000 shares. As per data available with the National Stock Exchange as of 1630 hours, the total bids received stood at 9,04,000 shares.
The IPO price was fixed at Rs 52 per share of face value of Rs 10 per share. The minimum order quantity is one market lot which consists of 2,000 equity shares. Maximum subscription amount for retail investors is Rs 2,00,000.
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