The allotments for the recently concluded National Thermal Power Corporation IPO have been decided and the shares will be credited to the investor's accounts soon, merchant banking sources said.

The listing is likely to be made on November 5, they added.

Going by proportionate allotments, a retail investor who has applied for 800 shares will get 214 shares, while a non-institutional investor who has applied for 1,000 shares will get allotted 84 shares, merchant banking sources said.

In the retail category, which was subscribed 3.73 times, the allotment is as following:

As many as 11 applicants out of every 39 seeking 100 shares will get allotments. Ditto for 22 out of 41 applicants for 200 shares and 33 out of 41 applicants for 300 shares.

The non-institutional segment was subscribed 11.93 times and the allotments will be made on a proportionate basis.

11 out of 14 applicants for 900 shares, 5 out of 6 applicants for 1,000 shares and 10 out of 11 applicants for 1100 shares will too get allotments.

In the QIB segment, the State Bank of India is set to get the highest allotment of shares, worth more than $40 million (approximately Rs 180 crore).

Merchant bankers confirmed that the State Bank of India, LIC, UTI, HSBC, GMO, Pictet, Capital International and Merrill Lynch were among the largest allottees.

The NTPC issue for 865.8 million equity shares of a face value of Rs 10 each closed on October 14. The NTPC IPO received a massive response and was subscribed nearly 13 times, mopping up almost Rs 68,250 crore (Rs 682.50 billion), at Rs 62 per share.