Manaksia IPO Allotment Chances looks good

Manaksia IPO Allotment chances for the retail investors look good, Manaksia IPO closed today for subscription and overall the issue was subscribed by 9 times with good response from the Qualified Institutional Buyers. Retail Investors category has been subscribed by over 5 times and investors who have applied for more than 7 lots can expect firm allotment in Manaksia IPO. Other investors have to participate in the lottery to get the Manaksia IPO Allotment, investors who receive the allotment can expect around 20 per cent returns on the listing day and investors with long term investment horizon can stay invested in Manaksia IPO as the company is engaged in Multi Products Manufacturing across the Globe. More information and updates regarding the Manaksia IPO Allotment and the Manaksia Limited IPO listing date will be updated here as it is available from the registrar. Manaksia IPO Allotment is expected around the second week of January, so do check back later.