The IPO of Omaxe which was reasonably priced saw a terrific response from all the classes of investors. Out IPO Analyst had a subscribe recommendation and the retail portion of the IPO was subscribed 13.89 times close to 14 times [his prediction]. Here is the final breakup as obtained from the NSE.
||No.of shares offered/reserved
||No. of shares bid for
||No. of times of total meant for the category
||Qualified Institutional Buyers (QIBs)
||Non Institutional Investors
||Retail Individual Investors (RIIs)
All applications / bids for 280 shares and above i.e 280/300/320 will get a firm allotment of 20 shares. Good Luck for your listing gains.