Cords Cable IPO Allotment Chances Good

Cords Cable IPO Allotment Chances look good for the investors who have invested in the Retail Category. Cords Cable IPO Subscription closed yesterday with bids received for 1.53 crore shares against available 30.85 lakh equity shares with subscription rate of 4.98 times. Retail Investors portion is oversubscribed by only over 1.2 times which means that applicants will surely get allotment in Cords Cable IPO with more than 2 lots and who have applied for even the base amount should also get allotment. Cords Cable IPO Allotment is expected in the 2nd week of February and the Allotment need not be worried of as investors can surely expect shares. Cords Cable IPO Grey Market Premium is quoting around Rs 12 to 15 and investors are better off to sell the shares on Cords Cable IPO Listing Day to book profits as the markets are volatile will continue to stay subdued till the coming budget. More information regarding the Cords Cable IPO Allotment and Cords Cable IPO Listing will be updated here.

Update : Cords Cable IPO Allotment is out and investors who have applied in Cords Cable IPO can check their allotment status  here.

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