German Green Steel IPO Allotment Chances
The allotment result is out. Chances below use the final subscription figures, recorded 5:58 pm, 29 Sept IST.
German Green Steel IPO
Listed MainboardGerman Green Steel reserved 76,52,158 shares for retail investors. Each winner gets 107 shares (one lot), so there are 71,515 retail slots.
| Day | Retail | NII | QIB | Total |
|---|---|---|---|---|
| Day 1 | 1.74x · 65.5% | 2.59x | 1.39x | 1.82x |
| Day 4 | 6.46x · 17.6% | 8.22x | 1.40x | 5.39x |
| Day 5 | 23.98x · 4.8% | 56.77x | 21.91x | 30.42x |
Times subscribed at the close of each bidding day; the % is the retail chance at that point.
How German Green Steel Odds Compare
At about 4.8%, retail odds for German Green Steel are lower than 9 of the 10 mainboard IPOs before it. The best of those was Elevate Campuses (retail 1.07x), the toughest Adroit Industries (retail 99.81x).
German Green Steel Allotment Chances FAQs
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