Veegaland Developers IPO subscription status
The Veegaland Developers IPO was subscribed 14.60× overall: retail 9.95×, non-institutional (HNI) 19.41× and qualified institutions (QIB) 19.13×.
What it means for your chances
With retail 9.95× subscribed, roughly 1 in 10 retail applications can expect one lot (about 10.1%). Retail shares in an oversubscribed IPO are given out by a computerised draw, one lot per winning application.
Questions
How many times was the Veegaland Developers IPO subscribed?
14.60× overall.
What is the retail subscription of Veegaland Developers?
The retail portion was subscribed 9.95×.
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 Veegaland Developers 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.