The Dhanus Technologies IPO closed for subscription today. Dhanus Technologies IPO has got the timing right and has benefitted hugely from the surge in the secondary capital markets in India. Overall, the Dhanus Technologies IPO was subscribed by about 28 times (oversubscribed 27 times). Had the Dhanus Technologies IPO opened for subscription a few weeks earlier when the global markets were hit by the subprime crisis, I doubt whether Dhanus Technologies IPO would have been subscribed by even half of what it has been subscribed now. Allotment will be very low for retail investors since the retail investor category in the Dhanus Technologies IPO has been heavily oversubscribed. Retail investors who are lucky enough to get allotment are likely to make high returns in the Dhanus Technologies IPO since, though allotment will be low, Dhanus Technologies is likely to list at a decent premium to its IPO issue price because of good institutional oversubscription. Because of heavy allotment, net returns will be boosted. Good luck to all investors who applied in the Dhanus Technologies IPO. For updates on the IPO allotment status, refund details and listing date of Dhanus Technologies IPO, do check this blog regularly.