23 Aug 07 Motilal Oswal IPO Subscription Details : Heavy Allotment, High Listing Gains
The Motilal Oswal IPO closed for subscription today. The Motilal Oswal IPO performed pretty well considering the fact that both the primary market (IPO market) and the secondary market are not doing well. This again validates the hypotheses that, if an IPO is priced reasonably and if the fundamentals of the company going public is good, then investors will see value and will definitely lap up the shares offered in an IPO. Overall, the Motilal Oswal IPO was subscribed by 27.40 times (oversubscribed 26.40 times). The retail investor category in the Motilal Oswal IPO got subscribed by less than 4.5 times (oversubscribed by 3.5 times). Institutional investor category in the Motilal Oswal IPO has been subscribed by about 44 times (oversubscribed around 43 times) and the High Networth Individual category has been subscribed by over 10.25 times (oversubscription ratio : 9.26 times). Allotment will be high for retail investors since the retail investor category in the Motilal Oswal IPO has not been heavily oversubscribed. Retail investors are likely to make high returns in the Motilal Oswal IPO since allotment will be heavy and the IPO is likely to list at a decent premium because of heavy institutional oversubscription. Because of heavy allotment, net returns will be boosted. Good luck to all investors who apllied in the Motilal Oswal IPO. For updates on the IPO allotment status, refund details and listing date of Motilal Oswal IPO, do check this blog regularly.
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Hello
I have applied in Motilal Oswal IPO for 48 shares.
HOw many shares I can get?
What are the premium right now on this stock?
Hello,
I had applied maximum retail 2 application in motilal ipo.Let me know the basis of allotment.