New Delhi, July 10 -- Chemkart India IPO allotment in focus: The allotment for Chemkart India is expected to be finalized today, July 10. Investors can check their allotment status through the registrar, Bigshare Services, or the BSE website.

The IPO, which was open for subscription from July 07 to July 09, saw a decent response from investors, being subscribed by 6 times. Specifically, the non-institutional investor (NII) segment was oversubscribed 5.64 times, while the retail portion was oversubscribed 1.63 times and the QIB was booked at 13.69 times.

The IPO price was set at Rs.248 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. Those ...