Alkem Laboratories Limited IPO Message Board (Page 8)

Alkem Listing above 1350 and will be reach up 1600 with in 10 days...

can anyone suggest that hold in ASBA removed for SBI bank?

YES. Today around 12 Noon

What will b the expected listing price for Alkem and Dr Lal

i feel alkem will list at 1300 and dr. lal at 650

Septa sir ..... Can we buy more on listing ? What price to enter and your target ?

LINK INTIME SITE SHOWS NO RECORDS FIND FOR ALLOTMENT STATUS.
CAN ANYONE HELP ME OR SUGGEST WHY IT IS HAPPENING SO?

pl try this link:
http://www.linkintime.co.in/publicissues/default.aspx

What to do with Alkem. Sell or Hold. I have 14 Shares

Both alkem and dr lal will list tommorow 23rd

and 24th clearing is on 29th dec is thier any impact on thier listing?

is Listing date confirmed tomorrow?

You can also check IPO status by downloading "Blink" App from play store.

Just register your mobile and email you will get the status

my one of application of alkem is showing no status massage shows no record found what is reason ?

TOMORROW ALKEM DAY OPEN 1375 TO 1425

ENJOYYYYYYYYYYYYYYYYYYYYYYY

Linktime site is down last 2 days
Where to check the allotment?
Please reply thanks in advance

Check mail .dp account,blink...

when is listing

I''ve applied through online ... A mail has been initiated from Link in time stating that the amount will be credited in bank a/c on 19th dec. I haven''t received my application money yet now. Has anyone received the money back? Please help...

It seems no one has received the refund. Link Intime customer care says it should come by 23/12/2015 through NEFT / NECS. However lien from ASBA accounts were removed yesterday in case on no allotment. The reason for date being mentioned as 19/12/2015 was explained that the mailers are prepared in advance as per their templates and since the mail was sent out on 19th the date was mentioned as 19th. A little Absurd but thats what it is.

Can anyone suggest me....my account debited twice for Dr Lal Pathlab IPO...i had applied for one lot of 20 shares and successfully allotted 20 shares...but the bank account debited twice with Rs 10,700/-.....i had mailed to Linktime and there is no response from them.....and their site is also not working......

i didnt have any possible course of action against linktime...since their customer care numbers are also busy daily.......

It would be great help if anyone suggest the best course of action against them....

Thanks..

I am not able to access linkintime site to check the status of the allotment and neither able to find bLink mobile app. Is there anyway, that I can get the status of my application?

Any think is wrong in allotment prose''s 3 application in Alkem and 5 application in Dr.lal but no shares allotted in 8 application s
all are playing.

Source: http://www.business-standard.com/article/markets/how-ipo-shares-gets-allotted-to-retail-investors-115122100606_1.html
How IPO shares gets allotted to retail investors

A series of recent initial public offerings (IPO) saw good participation by retail investors. In almost all the good issues, the quota for retail investors was oversubscribed. This is a good signal for the market as it shows significant interest from investors in equity as an asclass.

However, retail investors who had applied for some recent IPOs seem more confused as there is no logical explanation to the manner in which shares were allotted. For example, in the issues of Alkem Labs and Dr Lal Pathlabs, where retail portion was oversubscribed over three times, several retail investors have complained they did not receive even a single lot of shares despite subscribing to the full quota of Rs 2 lakh.

The method used to allot shares were changed in 2012 by the Securities and Exchange Board of India (Sebi). But the allotment process has come under investor scrutiny as there is renewed interest in some of the high-quality issues in the recent times.

In order to understand the rationale behind the allocation, we need to look at the guidelines issued by Sebi. Firstly, we need to understand that applications are segregated into three categories institutional or qualified institutional buyer (QIB), NII (non-institutional investors) or HNI (High-networth investor) and retail individual investor (RII).

In the case of QIB, the merchant banker has the discretion to allot shares. In the case of QIB, shared are allotted proportionately. Thus, if shares are oversubscribed by say, five times then an application for 1,000,000 shares will receive only 200,000 lakh shares.

But when it comes to retail investors, the process is a little more complex. First of all, only RII are allowed to invest in smaller lots worth between Rs 10,000-15,000 as compared to Rs 5,000-7,000 before 2012. A maximum of Rs 2 lakh per IPO can be applied by an applicant in the RII category.

The total number of applications received in the RII category is grouped together to determine the total demand in this category. If the aggregate demand in this category is less than or equal to the retail portion at or above the offer price (in case of a book-build operation), full allotment may be made to the RIIs to the extent of the valid bids.

However, if demand in this category is greater than the allocation in the retail portion at or above the offer price, then the maximum number of RIIs who can be allotted the minimum bid lot will be computed by dividing the total number of equity shares available for allotment to RIIs by the minimum bid lot, this is known as ‘Maximum RII Allottees’.

Assuming that there are shares worth Rs 10 lakh to be allotted in retail segment and the minimum lot size is worth Rs 10,000. Thus only a maximum of 100 applicants will be receiving the minimum lot of Rs 10,000. Since Sebi says that no RII will be allotted less than the minimum bid lot, in case of over subscription, allocation of shares lower than the minimum lot is not possible. In this case, the Maximum RII Allottees are 100.

In case there is a small oversubscription then first the minimum lot is distributed among all participants and then the balance available equity shares in the retail portion shall be allotted proportionately to the RIIs who have bid for more than one minimum bid lot.

But in case the number of RIIs is more than Maximum RII Allottees, the RIIs (in that category) who will then be allotted minimum bid lot shall be determined on the basis of draw of lots. The draw of lots is now a computerised process and thus there is no room for partiality.

see in this board itself u can see CHAND applyd for 11 lot, got 6 lot. I also applyd for 11 lot got only 1 lot. There is no definate ratio, proportion or formula followed here. Iam not jealous of who got more than me, Iam happy that CHAND got 6 lot but I feel bad who got nothing.

thankyou
i was very sad of not allocating any lot in both ipo, but you discribed such manner of allocating stock in RII catagory i fully satisfied of not getting stock.

so i ready for next ipo

thankyou to understand such question like me

when we get the refund for alkem from sbi securities

Public Issues
Application Status
image
Dr. Lal PathLabs Limited - IPO




Application Details
Sole / 1st Applicant
Cut off Price
Securities applied
PRAKASH J GUPTA
550
20
Allotment Details
Securities Allotted
Amount Adjusted
20
10700

Refund Details
Refund Order No.
Amount
2097724
NIL
Bank Details
Through
Status: Your securities are credited in your account.
Back


*************************************Alkem Laboratories Limited - IPO




Application Details
Sole / 1st Applicant
Cut off Price
Securities applied
PRAKASH J GUPTA
1050
14
Allotment Details
Securities Allotted
Amount Adjusted
0
0

Refund Details
Refund Order No.
Amount
5127904
14700
Bank Details
Through
Status : Sorry ! No securities have been alloted against this application.
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Investor Query registration

R & T
rnt.helpdesk@linkintime.co.in

Public Issues ipo.helpdesk@linkintime.co.in

Bonds bonds.helpdesk@linkintime.co.in




congrats

Any Tentative date for Alkem Listing ???

Wednesday, December 23

Thank you sir