IPO Allotment Explained: Rentomojo, Manipal Cards & More — Where Are Retail Chances Highest?

IPO allotment chances are in focus as six public issues attract varying levels of investor interest. Rentomojo emerges as the toughest IPO for retail investors, with intense subscription and limited allotment odds, while Manipal Cards sees a more subdued response. Pawan Nahar, Business Today, explains which IPOs could offer better allotment chances for retail investors and how subscription levels impact the probability of receiving shares. The discussion covers Rentomojo, Manipal Cards, Karamtara and Steamhouse, along with HNI allotments, retail applications and the factors investors should consider before applying. With multiple IPOs competing for investor attention, allotment strategy remains crucial for applicants.