Vishal Retail IPO Allotment – Probabilities
The Vishal Retail IPO got subscribed nearly 50 times in the retail segment.
So what is the probability of you getting an allotment?
Here is a table of probabilities of allotment for different number of shares applied for:
(Only 25 shares will be alloted per application).
Number Of Shares Applied For (Probability Of Getting 25 Shares)
350 (28%)
325 (26%)
300 (24%)
275 (22%)
250 (20%)
225 (18%)
200 (16%)
175 (14%)
150 (12%)
125 (10%)
100 (8%)
75 (6%)
50 (4%)
25 (2%)
The grey market premium is 300+ for Vishal Retail, so whoever gets an allotment, will soon double his money.