The Basis of allotment for HUDCO IPO for Retail category of investors is likely to be as under:
HUDCO IPO Basis of Allotment for Retail category:
- For investors who have bid for 200 shares, the allotment would be in the ratio of 91 allottees out of every 483 applicants. The number of shares allotted would be 200.
- For investors who have bid for more than 200 shares in Retail category, the allotment is likely to be in ratio of 13 allottees out of every 69 applicants. Number of shares allotted would be 200.
The chances of allotment under HUDCO IPO for Retail category is therefore 18.84%
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