Renaissance Jewellery IPO Allotment Chances

Renaissance Jewellery IPO which closed for subscription today has been oversubscribed by around 24 times. Retail investors segment has been over applied by around 10.50 times. Renaissance IPO Allotment looks decent for the investors who have applied in this IPO. Investors who have applied for more than 10 lots can expect firm allotment and where as the other investors have to undergo lottery in which the allotment of Renaissance IPO will be difficult. Listing will be good for the investors who recieve the allotment. Grey Market premium of the issue is good and Renaissance IPO listing is expected around 2nd week of December. For more updates regarding the Renaisance IPO Allotment and Listing date do visit our site regularly.