Jupalli, you have roughly 1 in 6 chance. I mean, at your level of subscription (applied for 210 shares), 1 out of 6 applications shall be allotted 35 shares. Hope this info helps.
Hi, Anyone please explain how the lottery system works.As ADSL retail is subscribed over 38 times, what are the chances of getting allotment (applied for 210 share).
Krish, the price will be in the band stated (Rs 170-190) irrespective of the response or number of times oversubscribed.Thus you can expect it to be alloted at Rs190/- (if you are lucky enough).
dear karthik, to gft retail subscription,log on to www.nseindia.com. then click ipo adsl. then click view demand graph.it will saw total subscription.also give total at cut off.at 4.00 p.m. total received at cut offis 31466260.divide it by 1512853 shares which are kept for retail investor.so u willget appo. retail subscription.in this case it is 2o.79. you can get this also from www.bseindia.com.and clicking public issue.and then clicking compony name.
Hi All, So this issue heading towards lottery in terms of allotment. Now many of you must be wondering that you could have applied for everonn & skipped this issue because allotment is not guaranteed.... I think even everonn will end up in the same way.....