The IPO of ICRA Ltd which closed today is oversubscribed 75 times.
Qualified Institutional Buyers (QIBs) | 1290550 | 116986920 | 90.6489 |
Non Institutional Investors | 387165 | 27924100 | 72.1245 |
Retail Individual Investors (RIIs) | 903385 | 48775960 | 53.9924 |
The retail part of the issue is 54 tiems oversubscribed. That means allotment for Rs 1.0 Lakh application will also be on lottery. The Ratio of allotment will be 1 : 2.7 for the Rs 1.0 lakh application. Come back to see the status of allotment here.