Barak Valley IPO which is closing for subscription tomorrow has already been subscribed by about 4 times already. Both retail and institutional investor category have been oversubscribed heavily. Barak Valley IPO is likely to provide excellent Listing Gains for investors applying in the IPO for the purpose of listing gains. However, since the IPO is a small sized IPO, it is likely to get heavily oversubscribed and hence allotment will be tough to get. With this in mind, investors can apply in the Barak IPO for listing gains.