Soilbuild announced that its IPO was 7.5x subscribed.
The balloting results as follows:
As you can see, it is quite difficult to get a meaningful allocation unless you apply 500 lots (outlay of $125k) of which you then receive 5 lots. Anything less than 500 lots, you get only 1 or 2 lots and the chance of getting it is quite low anyway and can't possibly cover the brokerage unless the IPO opens strongly.
I didn't apply so no "IPO results" to show you.