The IPO of Omaxe which was reasonably priced saw a terrific response from all the classes of investors. Out IPO Analyst had a subscribe recommendation and the retail portion of the IPO was subscribed 13.89 times close to 14 times [his prediction]. Here is the final breakup as obtained from the NSE.
Sr.No. |
Category |
No.of shares offered/reserved |
No. of shares bid for |
No. of times of total meant for the category |
1 |
Qualified Institutional Buyers (QIBs) |
10500000 |
1000893560 |
95.3232 |
2 |
Non Institutional Investors |
1750000 |
142026240 |
81.1579 |
3 |
Retail Individual Investors (RIIs) |
5250000 |
72931660 |
13.8917 |
All applications / bids for 280 shares and above i.e 280/300/320 will get a firm allotment of 20 shares. Good Luck for your listing gains.