Press Releases

Date of Auction : November 14, 2007

I.

Notified Amount

Rs.3500.00 crore

(Out of which Rs.3000 crore
is MSS Amount)

II.

Underwriting notified amount

N.A.

III.

Competitive Bids received

(i)

Number

79

(ii)

Amount

Rs.6860.57 crore

IV.

Cut-off price

Rs.98.16 (YTM is 7.5186%)

V.

Competitive bids accepted

(i)

Number

48

(ii)

Amount

Rs.3500.00 crore

(Out of which Rs.3000 crore
is MSS Amount)

VI.

Partial Allotment Percentage
of Comp. Bids

84.17 (17 bids)

VII.

Weighted Average Price

Rs.98.17

VIII.

Non-competitive bids received

(i)

Number

1

(ii)

Amount

Rs.203.00 crore

IX.

Non-competitive bids accepted

(i)

Number

1

(ii)

Amount

Rs.203.00 crore

(iii)

Partial Allotment Percentage 

100