Singer Finance IPO oversubscribed by 120 times.

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Today 17th December 2010, Singer finance announced the Singer Finance IPO is oversubscribed by 120 times approximately,

The information provided today as

Applications Processed so far  21,000.00
   
Number of Shares Applied  3,200,050,040.00
   
Number of shares Issued  26,666,667
   
Valued for shares applied 48,000,750,600.00
   
Value of shares issued  400,000,005.00

Number of times Oversubscribed 120 times [Approximately]

Source: – http://www.cse.lk/cmt/upload_cse_announcements/7371292575742_.pdf


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