Subscription status of Consolidated Construction Consortium Ltd at the close of the issue:
Category | No. of times issue is subscribed | |
QIBs | 117.6797 | |
Non Institutional | 67.6202 | |
Retail | 12.6906 | |
Total | 81.18 | |
Thus that retail investor who applied for 13 or more lots (192 shares or more) will get firm allotment of at least 1 lot i.e. 12 shares. Below that it will be lottery system. In fact Consolidated Construction performed better than Koutons with less retail investors but higher overall subscription.
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