Mundra Port IPO opened for subscription today. The ipo got oversubscribed in the very first hour of it opening for subscription. At the end of day 1Ã‚Â institutional investor category and the high networth investor category in the Mundra Port and SEZ IPO got oversubscribed by close to 7 times. Mundra Port IPO is likely to generate excellent gains on listing. Apply aggressively at cut off in the Mundra Port IPO for listing gains. However, a word of caution – Mundra Port IPO Allotment is likely be on lottery system and hence low investors have low allotment chances in the Mundra IPO.