Oil india ipo

[goodbrother]

ALLOTMENT EXPECTED:

Retail portion is 1.76 times

6 shares appl : may get 6 shares by lottery
12 shares to 90 shares : divide appl quantity with 1.76 , so 12 shares appl will get firm 7 shares , similarly may be calculated for other quantity appl.

few shares may be allotted extra for unsubscribed employee quota and rejection etc

ALLOTMENT IS DONE

http://www.karvy.com/ipostatus/

final retail oversubscription has come down to 1.57 times

divide your application quantity with 1.57 to know allotment ,

for example people applying 90 shares have been allotted 57 shares, and so on for others .

only 6 share application have been allotted 6 shares by Lottery