IPO Allotment Chances Calculator

Check allotment probability for any open or recently closed IPO. Select an IPO to see category-wise chances.

Teamtech Formwork IPO

Closed SME
Price Band
Rs 61 - 63
Lot Size
4000 shares
Total Subscription
6.58x
Allotment Chances — Teamtech Formwork IPO
Retail 16.4% (6.08x subscribed)
Moderate chance
S-HNI (2-10L) 12.1% (8.24x subscribed)
Moderate chance
B-HNI (>10L) 6.4% (15.60x subscribed)
Low chance
QIB 23.4% (4.28x subscribed)
Moderate chance
If 100 retail investors apply, approximately 16 will get allotment.
Based on current subscription data. Actual allotment depends on total applications received and SEBI's lot-based proportional allotment rules.

How IPO Allotment Chances Are Calculated

IPO allotment probability is calculated by dividing 1 by the subscription times for each category. For example, if retail subscription is 10x, the allotment chance is 1/10 = 10% — meaning approximately 10 out of every 100 retail applicants will receive allotment.

In oversubscribed IPOs, SEBI mandates that each retail applicant can receive a maximum of one lot. If the number of applicants exceeds available lots, allotment is done by computerized lottery. Applying for more lots does not increase your chances — each PAN gets equal probability.

Tip: Apply from multiple family members' demat accounts (different PANs) to increase your overall household probability of getting allotment.