Maytas Infra IPO Allotment Chances are pretty good for retail investors. Looks like retail investors who applied for maximum shares (270 shares) would get firm allotment of 18 shares since the retail investor category in the Maytas Infra IPO has been subscribed close to 15 times. However, a clear picture regarding allotment would be available only after the final subscription figures are out, later tonight. I applied for 15 lots in the Maytas Infra IPO at cut off, hoping retail subscription won’t exceed 15 times and hence firm allotment will be available. Maytas Infra IPO Allotment would be finalised by the third week of October. Maytas Infra IPO Listing Date is also likely to be somehwere in the third week of October. Maytas Infra IPO will have an excellent listing since the IPO has been oversubscribed heavily. I expect Maytas Infra IPO Listing Price to be around Rs. 500 per share. For more details about Maytas Infra IPO Allotment Chances, Listing Date and Listing Price check this blog regularly.
Update : Retail investors category has been subscribed by 15.41 times. Hence there won’t be any firm allotment. For every 102 applicants who have applied for 270 shares (maximum) in Mytas Infra IPO, 100 will get an allotment of 18 shares. Hope I don’t fall in the unlucky “2% category”, who have applied for maximum number of shares under the retail category but end up not getting a single share allotted.