Retail quota is app 16 lac shares I.e. 50% of total issue quantity of 32 lacs . With 16 share lot 1 lac applications will consume entire retail quota ,may be today itself . Expected around 8 to 10 lac applications ,so allotment may be 1 out of 8/10 appl by lottery.
In retail category 100,185 lots available for allotement. Won''t be surprised if there are more than 11 lakhs applications as with each ipo, applications are going higher and higher, Mgl had 9 lakhs+, L&TInfo had 10 lakhs+, previous ipos had 5 to 7 lakhs app. Dear Eagleye, pl make a comeback, what are the market expectations of applications in retail. Chittorgarh forum misses you. Though i''m not of that age to preach, forget it & make a comeback with your razor sharp analysis and info.
Thanks for sharing, thoroughly information, by the way I am going to submit my application today via ICICI Direct ASBA, but I am confused on what price to put for 20 shares, can you pls guide what is the lot price ?
@IPOBrd In a heavily oversubscribed the chances are almost zero if you apply any less than the cut-off price. Therefore apply at the upper band of IPO offer.
My question is if and almost look like Advance issue oversubscribe in Retail quota more then 13 times , does it male sense to apply for full lot of 13 or its advisable to apply for 1 Lot and dont block money unnecessary for week time
considering past experience with link in time even full application of 14 lot also have been rejected when issue only oversubscribe 7 times
wait for suggestion from expert who understand allotment criteria
There is a huge upside in Tata Metaliks. Last few months it has grown crazily and its targeted towards more than 800 + in a year (CNBC Awaaz - DD Sharma Top pick)
plzz tell me which is better way to apply for an ipo issues 1. applying 4 application through online Asba From single bank account or 2. applying 4 individual applications forms offline from 4 individual bank accounts
Bcz I hear that chances are low for allotment when u do a 1st step
Septa / Egale Eye Request for your comments on news item on Reliance Jio pumping 15000 Crs through Reights issue. Are they likely to give Rights offer for RIL shareholders or only Reliance Jio Shareholders. If it is latter then only Ambani''s would stand to make fortune. With 60000 Crores of Capital (post Rights issue), Ambani''s would make it real big bucks by listing the issue at a later date at heft premium.
Your views please
306.1. Septa| Link| Bookmark|
July 20, 2016 11:41:05 AM
(4000+ Posts, 4600+ Likes)
RIL has close to 90000 cr cash in balance sheet so 15000 will not be big dent in cash reserve the value is already built in RIL share price..... bharti airtel market cap is 145000 cr bharti infra is around 65000 cr so total Market cap 210000 Cr Jio after the right issue is 60000 cr at 210000 cr Bharti has market share of 31% in indian market also it has another 18 african countries and sri lanka and bangladesh market....
So let see if this JIO really a value pie for RIL so waste......
Event Indicative Date Bid/Offer Closing Date July 22, 2016 Finalisation of Basis of Allotment July 27, 2016 Initiation of refunds/un-blocking of ASBA Accounts July 28, 2016 Credit of Equity Shares to demat accounts July 29, 2016 Commencement of trading of the Equity Shares on the Stock Exchanges August 1, 2016
Equity master has given an Avoid rating to Advance IPO. Valuations considered to b expansive. Not much for investors left on table. Listing may b good considering high subscription.
302. gamble| Link| Bookmark|
July 20, 2016 9:26:06 AM
(1600+ Posts, 3900+ Likes)
What a classy breakout by alkem!! Just love it!! Sold 20% @1540 avg buying price 1300 Waiting 1580 for nxt 20%
302.1. Septa| Link| Bookmark|
July 20, 2016 9:33:14 AM
(4000+ Posts, 4600+ Likes)
:) good on u it is always good to book some profit
302.2. Septa| Link| Bookmark|
July 20, 2016 9:35:55 AM
(4000+ Posts, 4600+ Likes)
look at velan hotel penny stock 20% jump.... BTW all hotel chains sector is in re rating cycle......
302.3. Septa| Link| Bookmark|
July 20, 2016 9:37:27 AM
(4000+ Posts, 4600+ Likes)
volume is only 7 shares BTW velan......
302.4. gamble| Link| Bookmark|
July 20, 2016 9:38:11 AM
(1600+ Posts, 3900+ Likes)
Yes , sir just look at volume only 58k and share rises over 6%... Looks like no seller is there...
302.5. Septa| Link| Bookmark|
July 20, 2016 9:39:44 AM
(4000+ Posts, 4600+ Likes)
even with today rise PE is still below 28 when other big name have 20% gap
302.6. gamble| Link| Bookmark|
July 20, 2016 9:39:59 AM
(1600+ Posts, 3900+ Likes)
Sir u r trading in penny stock!!? I doubt that!!
302.7. Septa| Link| Bookmark|
July 20, 2016 9:41:25 AM
(4000+ Posts, 4600+ Likes)
not at all my screen got hit when share jumps more certain % velan hotel hit so i just checked and shared the Info
302.8. Septa| Link| Bookmark|
July 20, 2016 9:50:12 AM
(4000+ Posts, 4600+ Likes)
balarampur Chini is look good technically i had a big position but sold out..... look at charts i see another break out added some position....
302.9. gamble| Link| Bookmark|
July 20, 2016 9:54:13 AM
(1600+ Posts, 3900+ Likes)
Okay okay just kidding !!..
Btw penny stocks gives unexpected returns when it start upmove.. u just need to buy it at right time .. i bought few days back some SRS ltd(8.5) , urja global(1.04)
302.10. gamble| Link| Bookmark|
July 20, 2016 9:57:18 AM
(1600+ Posts, 3900+ Likes)
Yes sir i usually play with renuka sugars.., It not much participate in the rallies..but i believe that it will correct less in downwards..
I have 2 D-Mat A/c. One on My Name. Another on my Mother Name(Primary A/c Holder) with me(Secondary A/c Holder) as joint account holder. Can i apply in both D-Mat A/c
Dear Septa sir, I have a question that is it advisable to put money in good mutual funds(with proven track records) or its better to put money in good fundamental stocks?? and can you please suggest 5 stocks which can be bought and kept for longer period more then 5 years.. waiting for your kind reply.