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Final IPO Allotment Chances: HDB Financial Services and Sambhv Steel Tubes

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The final allotment chances for HDB Financial Services and Sambhv Steel Tubes IPOs have been updated based on the subscription data across investor categories. Here is a detailed breakdown:


HDB Financial Services IPO Allotment Chances

High Net-Worth Individual (HNI) Category:

  • Big HNI: 5 out of 11 applicants are likely to receive an allotment of 280 shares each.
  • Small HNI: 5 out of 31 applicants are expected to get 280 shares each.

Retail Category:

  • Retail investors can expect a firm allotment for one lot (guaranteed allotment if applied for a single lot).

Shareholder Quota:

  • The shareholder quota was subscribed approximately 4.5 times, which translates to around 3 lots being allotted for a full application under this category.

Sambhv Steel Tubes IPO Allotment Chances

High Net-Worth Individual (HNI) Category:

  • Big HNI: 1 out of 7 applicants will likely be allotted 2,548 shares.
  • Small HNI: 2 out of 57 applicants are expected to receive 2,548 shares.

Retail Category:

  • For retail applicants, 1 out of 7 is likely to be allotted 182 shares.

Investors who applied in either IPO can check the final allotment status once it is officially updated by the respective registrars.


Tags: IPO allotment, HDB Financial Services IPO, Sambhv Steel Tubes IPO, retail investor, HNI allotment, small HNI, big HNI, IPO news, stock market update

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Shubham Mishra

Founder and Chief Editor at PaidFreeDroid. Shubham likes to keep on top of the tech world and loves to help people around him who face day to day trouble with technology.

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