Central Bank Ipo Allotment Status

Central Bank of India IPO allotment status is out and can be checked  here. With the Sub-prime Mortagage Crisis affecting Global Banks all over the world,it would be interesting to see how the Central Bank of India Ipo lists on Nse and Bse stock exchanges.

As we know that , the Central Bank of India IPO has been subscribed by 62 times (oversubscribed 61 times). The retail investor category in the Central Bank IPO got subscribed by 16.2 times (oversubscribed by 15.2 times). Institutional investor category in the Central Bank IPO has been subscribed by a whooping 89.11 times (oversubscribed 88.11 times) and the High Networth Individual category has been subscribed by over 69.5 times (oversubscription ratio : 68.58 times).  Investors who applied for 16 lots (960 shares), under the retail investor category will get a firm allotment and for all other investors allotment will be made through the lottery systemThe Central Bank of India IPO got oversubscribed heavily. Investors who applied for 16 lots (960 shares), under the retail investor category will get a firm allotment and for all other investors allotment will be made through the lottery system.

Good Luck for all those who have recieved the allotment and hope the Central bank of India IPO lists with good gains.