Transformers and Rectifiers IPO Allotment for the investors looks very slim as the subscription of the issue was around 87 times. Transformers and Rectifiers IPO Allotment will be not so good for the retail investors especially, as basically the Retail portion of the IPO is only around 9 lakh shares and the total bids received are for 3.6 crore equity shares making the oversubscription ratio to 40 times in retail category. Investors who have applied to the maximum amount of 1 lakh in retail segment also cant expect firm allotment and definetely have to go through lottery. Overall Transformers and Rectifiers IPO Subscription was close to 87 times. Investors can test their luck in TRIL IPO Allotment which will be available in the first week of January. Transformers and Rectifiers IPO Allotment will be updated over here as soon as it is available.
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how much is Transformers and Rectifiers IPO oversubscribed in HNI segmnet?
The qualified institutional bidders portion around 111 times; the non institutional bidders portion was over-subscribed by approximately 122 times
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