New Delhi, Jan. 29 -- H.M. Electro Mech IPO allotment: Investors who participated in the initial public offering (IPO) of H.M. Electro Mech are now keenly eyeing the allotment status.

H.M. Electro Mech IPO allotment status is expected to be out today, January 29. The public offer, which closed for subscription on Tuesday, January 28, was subscribed 91.75 times at the end of the three-day book-building process.

The portion reserved for retail investors was booked 95.55 times, while the non-institutional investor (NII) category was subscribed 183.65 times and the qualified institutional buyer (QIB) portion garnered 16.01 times bids.

H.M. Electro Mech IPO worth Rs.27.74 crore was entirely a fresh share sale of 36.99 lakh shares, with the ...