Kaveri Seed Company IPO Allotment : Retail Investors have a chance

Kaveri Seed Company IPO which has completed its subscription yesterday was subscribed by 4.51 times. As against the total issue size of 40 Lakh shares, Kaveri Seeds IPO received total bids for 1.80 crore shares.

Subscription Details of Kaveri Seed Company IPO
Qualified Institutional Buyers(QIB) category of the IPO was subscribed by 5.58 times.
Non Institutional Investors category of the IPO was subscribed by 5.04 times.
Retail investors category of the IPO was subscribed by 3.26 times.

As the Retail Investors Category of Kaveri Seed Company IPO was subscribed by 3.26 times, lot of investors who have subscribed for the issue have good chances to get Kaveri Seed IPO Allotment. As the Qualified Institutional Buyers category has been subsribed well, Kaveri Seed IPO Listing will recieve good price.