No allotment in Vishal Retail

Company Name:	Vishal Retail Limited
Application Details
Sole / 1st Applicant:	RAJESH VIJAYARAJAN
Cut off Price:	270
Shares applied:	350
Allotment Details
Shares Allotted:	NIL

Hmm... 2:7 was definitely not going to be easy. I have been denied allotment in the Vishal Retail IPO. If it lists at a premium of 50-60%, it is a definite buy. But this is highly unlikely.
You can check your allotment here: http://www.intimespectrum.com/site/ipo.asp

With this my IPO hit-rate comes down to 46.67 %. (7 out of 15)

Issue	Allotment
Vishal Retail	REJECT
Nitin Fire Protection	Rs 6650
MIC Electronics	Rs. 6750
Mindtree Consulting	REJECT
Indian Bank	Rs. 24115
Power Finance Corporation	Rs. 6800
Firstsource Solutions	Rs. 8704
Redington India	REJECT
Global Broadcast News	Rs. 6250
Autoline Industries	REJECT
Pyramid Saimira	REJECT
Tanla Solutions	REJECT
Sobha Developers	REJECT
Parsvnath Developers	Rs. 6000
Info Edge India	REJECT