12 Dec 07 Transformers and Rectifiers IPO Allotment Chances slim
Transformers and Rectifiers IPO Allotment Chances are likely to be very low since the IPO has been oversubscribed very heavily. Transformers and Rectifiers IPO Allotment chances will be lower than that of BGR Energy IPO, since in the case of Transformers and Rectifiers IPO retail investors category has been subscribed by more than 40 times the IPO issue size. Overall, the IPO has been subscribed by 86.5 times. Almost all the IPO’s these days are getting heavily oversubscribed. Gone are the days when IPO’s used to oversubscribed by just 4-5 times. It’s hard to believe that the Infosys IPO was undersubscribed, when these days IPO’s of even small and unknown companies are seeing close to 100 times oversubscription. Transformers and Rectifiers IPO Allotment Status will be updated here as soon as it is made available by the registrar of the IPO. Details on checking the TRIL IPO Allotment Status online will be updated here. Hence do check this space often. Transformers and Rectifiers IPO Allotment status is likely to be made available to investors by the first week of January.
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