First Winner Industries to list on July 8

First Winner Industries (FWIL), engaged in the manufacture of grey fabrics and in supplying textile fabrics to various wholesalers, apparel and garment manufacturers, will list on the bourses with 1,77,32,793 equity shares on July 8, 2008.

It has been fixed the issue price at Rs 125 per equity share for its initial public offer (IPO) of 55,00,000 equity shares of Rs 10 each at a price determined through a 100% book-building process.
 
The issue which closed on June 17, 2008, was subscribed 1.26 times. The qualified institutional bidders portion was subscribed to approximately around 1.05 times; the non-institutional bidders portion was subscribed to approximately around 1.84 times; the retail portion was subscribed to approximately around 1.32 times. The IPO has received total bids for 69,20,900 shares. 
 
Almondz Global Securities Limited is the sole book running lead manager to the issue.