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Jul 14, 2007

Everonn systems IPO allotment and Oversubscritpion detail on the

Final update the issue is subscribed by 127 times and retail is subscribed by 123 times and the Non Institutional investors by 277 times and QIb's by 92 times.Issue Full Detail.Total Issue Size 4000000Total Bids Received 525899250Total Bids Received at Cut-off Price 166934600No. of times issue is subscribed 131.47Everonn systems as of 3.00 clock today is oversubscribed by 57 times and the Retail was yesterday more than the full oversubscritpion by today night we will have better picture of the Oversubscriotion details.