ICRA IPO Allotment – What Are The Probabilities?
The ICRA IPO has been oversubscribed 54 times in retail segment. This means for every share there are 55 applications.
Now assuming that everyone who gets shares, gets 20 shares (worth Rs 6600) the probability of getting shares on the following application amounts are:
300 share application – probability of getting 20 shares : 27.27%
280 share application – probability of getting 20 shares : 25.45%
260 share application – probability of getting 20 shares : 23.64%
240 share application – probability of getting 20 shares : 21.82%
220 share application – probability of getting 20 shares : 20.00%
200 share application – probability of getting 20 shares : 18.18%
180 share application – probability of getting 20 shares : 16.36%
160 share application – probability of getting 20 shares : 14.55%
140 share application – probability of getting 20 shares : 12.73%
120 share application – probability of getting 20 shares : 10.91%
100 share application – probability of getting 20 shares : 9.09%
080 share application – probability of getting 20 shares : 7.27%
060 share application – probability of getting 20 shares : 5.45%
040 share application – probability of getting 20 shares : 3.64%
020 share application – probability of getting 20 shares : 1.82%
Also the gray market premium for ICRA has crossed 200 now.