Precision Pipes IPO Allotment Chances

Precision Pipes IPO Allotment chances for the retail investors doesn’t look as promising as the other recent IPO’s. Overall Precision Pipes and Profiles IPO Subscription was over 10 times in which the QIB Category was subscribed by 5 times and the Retail Investors Category by 18.7 times. Being a small issue with only 18.7 lakh equity shares offered under the retail investors category, Precision Pipes IPO Allotment will not be easy and investors have to go through the lottery. Investors who have applied for the maximum amount can expect firm allotment in Precision Pipes IPO. More information regarding the Precision Pipes IPO Allotment and Listing date will be updated here when made available by the registrar. Expected date of Precision Pipes IPO Allotment is 2nd week of January, do check back for updates.