The IPO of
BGR Energy for which we have a Subscribe Recommendation is heavily subscribed until 11:00PM on the final closing day.
At 11:00 PM the Retail Individual category was subscribed
46.89 times. This means the fate of all applications of 196 shares / Rs 94080 will be decided by lottery.
| Sr.No. | Category | No.of shares offered/reserved | No. of shares bid for | No. of times of total meant for the category |
| 1 | Qualified Institutional Buyers (QIBs) | 5181600 | 837731944 | 161.6744 |
| 2 | Non Institutional Investors | 863600 | 132201244 | 153.0816 |
| 3 | Retail Individual Investors (RIIs) | 2590800 | 121491370 | 46.8934 |
Allotment for Rs 100,000 application will be in the ratio of
3:10. The status of
BGR Energy IPO Allotment can be checked here approximately by Dec-27. The Grey Market Premium has shot up and is now at Rs 410-425.