Allotment is going to be atleast 100+ IMO...logic is simple retailers could be fools ...QIB doing 54 times subscription in this IPO means SOMETHING...i think this IPO listing will be very interesting...the numbers of galaxy is good fundamentally...im sure its going to do well even in these troubled times...
If the market remains in the current bearish phase till listing day it will probably list at a discount and will drop further as retail investors will try to exit asap.