The IPO of Avenue Supermarts( Dmart IPO) which operates supermarket chain D-Mart was oversubscribed 105 times. They issued offer for Rs 1,326.70 crore while issue received bids worth Rs 1.38 lakh crore(excluding anchor portion which is Rs.561 crore).
The qualified institutional buyer’s portion was oversubscribed 144.62 times, retail investors 7.51 times while non-institutional investor’s portion was subscribed 277.74 times.
As per the prospectus, Avenue Supermarts has reserved portions for different categories: for qualified institutional buyers 50 percent of public issue and out of which, 60 percent may be allocated to anchor investors. While, for non-institutional investors 15 percent portion of the total issue size is reserved and the rest 35 percent for retail investors.
So as far as retail subscription is concerned, expect partial allotment. For more details on Allotment status and when you can start trading, visit allotment status of Dmart.