Brigade IPO Allotment Chances look good

Brigade Enterprises IPO Allotment chances look good for the investors, as the subscription of the IPO was not done heavily. Overall Brigade IPO Subscription was around 13 times and the Retail Investors category has been oversubscribed by around 5.6 times. Firm Allotment of Brigade IPO can be expected by investors who have applied for more than Rs. 50000. Compared to the other IPO’s like BGR and TRIL issues which are heavily over subscribed, investors who have applied in Brigade IPO can expect decent allotment and the listing should also be good as the Institutional investors category has been subsribed by around 18 times. Brigade Enterprises IPO Allotment is expected in the first week of January 2008 and listing one week further. More updates regarding the Brigade IPO Allotment status and the listing date of Brigade IPO will be updated over here as soon as it is available.