Ravita Engineering Services IPO subscription status
The Ravita Engineering Services IPO was subscribed 7.11× overall: retail 3.50×, non-institutional (HNI) 7.42× and qualified institutions (QIB) 13.21×.
What it means for your chances
With retail 3.50× subscribed, roughly 1 in 4 retail applications can expect one lot (about 28.6%). Retail shares in an oversubscribed IPO are given out by a computerised draw, one lot per winning application.
Questions
How many times was the Ravita Engineering Services IPO subscribed?
7.11× overall.
What is the retail subscription of Ravita Engineering Services?
The retail portion was subscribed 3.50×.
Which subscription figure matters for a retail applicant?
The retail figure: it decides the chance of an allotment in the retail draw. QIB and HNI demand show how large investors view the issue.
Learn more
- What is the HNI (NII) category?
- Retail, HNI and QIB explained
- What IPO subscription means
- How to improve your allotment chances
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Track your family’s Ravita Engineering Services applications free — allotment checked at the registrar and emailed to you.
Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.