formula/thumb rule is--- find out how many times oversubscibed in retail portion --then how many times of min lots you have applied --say4 then 4divided by 3 =1.3333 --then min lot say 175 for nhpc X 1.333=233 shares you will get--if you have applied less than 3 lots then it will be a lottery --say 1 out 3 will get 175 shares --for 2 lots -it will be 2 out of 3 will get 175 shares--so on
Adani power ipo is very good ipo for long time after rel.power.beacuse good primium for the grey mkt.we hope 10 to 15 rupees each shares.and hold long time investment.
May be by tomorrow they have to finalise the allotment and in the next couple of days credit the share in the respective demat accounts. Maximum of 15 days, they hav to finalise the allotment. Surely they will comply with it.By the by Rajeshwari, why so much of old info. Any latest news, please
543 - Kamal I'm not using logic but precise information. All those who applied full quota (975 shares) will get same number of shares alloted i.e. 368. Trust me if you can, please don't ask for the source.