IPO News Adani Power IPO subscription at 21.51 times
The Initial Public Offering (IPO) of Adani Power Limited which hit the primary markets on July 28, 2009 has received overwhelming response from investors. The issue has received subscription of 21.51 times till 5:00 PM on July 31, 2009. The issue has received bids for 5351653580 equity shares against the offer of 248794681 equity shares. The issue has received bids for 213067075 equity shares at cut-off price.
ref NSE website you will find retail portion -ie at cut off about 1800lac for 800lac reserved for retail portion-means 1800divided by 800 eq to about 2.2times o/s --this is at 16 hrs graphical chart of nse/ipo
IPO KING is still thinking that 95 hoga price..dear it will already 100rs. because top bid is more then 1 time so not any possibility to less then 100 and second thing retail side 2 time is nothing just look Mahindra Holiday bhi 4-5 times sub. huva than and just open 10% up huva tha ..so just think how much u will earn.
In retail it sub. around 2.2 times it means that woh apply for the 1Lack application they will allocate around 45K rs. Shares so just pray god it will be open positive otherwise like reliacne power ni jem radvano vaaro naa aave. just forget about the premium.
gautam adani ji ko to apne old employees ko shares free mein dena chiaya they itne sal ki service ka kuch to regard karna hi chahiya that jab unhone mundra port ke employees of shares free mein diya they to baki employees ko kayono nahi dena chahiyia the power ke share
FRIENDS,MUJE LAGTA HAI KI ADANI POWER KA RETAIL PART 2.60.TIMES SUBSCRIBE HO JANA CHAHIYE,AUR RETAIL INVESTOR KO 450 SHARE AANE KI UMEED HAI,AUR GAUTAM ADANIJI NE PRICE DISCOVER 95 KI TO GOOD RETURN MILEGA,AUR ISKA LISTING 110 K AASPAS HOGA AIESA LAGTA HAI,SO FRIENDS, SABKA SAPNA MONEY HONEY.................