This is the balloting results of my previous write up here on the company.
I applied for 101 lots but didn’t manage to get any allocation at all.
Turns out that balloting ratio was pretty decently spread out. 2 out 25 chances means a 8% chances of getting allocated. That’s better chance than the previously hot IPO like Singapore O&G and SPH Reit.
For everyone’s information, Katrina (another recent F&B IPO) surged 82% on debut day so I’d expect Kimly to debut strongly the same at about 40 cents to 42 cents on the first day. I don’t think I’ll be giving a chase on this one. The meats are mostly gone at such hefty valuation.
Congrats to the people who were allocated. My poor run on IPO continues…