Can you believe it, Careplus IPO public issue has oversubscription rate of 46.75 times! The highest oversubscribe rate this year so far. The success rate is very low, I would say it is a lot lower chance than MHB and PCHEM that you will get it. For your info, I did not apply Careplus IPO.
Due to the price is 23 cents per unit, it is affordable to buy more per applicant. Nonetheless, by looking at the applications, it has only close to 1,000. That's mean, less buyers but more lots applied.
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