The IPO of Transformers and Rectifiers India Ltd for which we have a subscribe recommendation is subscribed 91 times until 11:00 PM on the final closing day.
The retail portion of the issue is subscribed 58.61 times until 11:00 PM. The fate of all applications in retail category will be decided by lottery. The final subscription figures are as follows.
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) | 1707000 | 188674050 | 110.5296 |
2 | Non Institutional Investors | 284500 | 34622610 | 121.6963 |
3 | Retail Individual Investors (RIIs) | 853500 | 50027460 | 58.6145 |
Allotment for Rs 100,000 application will be in the ratio of 1:4. Transformers and Rectifiers India [T&R India] IPO allotment status can be checked here around Dec-27th. Grey market premium is around Rs 400.
The allotment status of Jyothy Laboratories IPO is now available here.