The initial public offer of Bharti Infratel got subscribed 35% at the end of the two day on Wednesday. It received 55.9 million bids, which includes 0.18 million bids at cut off price, as against total issue size of 160.5 million.
CRISIL has assigned a CRISIL IPO Grade 4/5 to the proposed IPO of Bharti Infratel. This grade indicates that the fundamentals of the IPO are above average relative to the other listed equity securities in India.
Source:
http://www.steelguru.com/indian_news/Bharti_Infratel_IPO_subscribed_35pct_on_2_day/297105.html
