so total bid is 1187376+1120338=2307714 total issue size of retail is 2233628
so approx cut off will be 1558 to 1559 range if some one can put light on this topic, it will be of great help to know the calculation of cut off price
HEavy bidding in BEL OFS. Seems retail cut off around 1530.
What is the purpose of 5% discount to retail investors and what is point in giving option to apply at cut off if allotment will not be done for those applying at cut off? Why not allot proportionately to those apply at cut off and above? Why SEBI is allowing some traders to cheat retail investors like that?
I have an a/c with Angel. Suppose I open a/c with Sharekhan with different bank a/c, and apply for an IPO thru both a/cs, will my both applications be rejected since the PAN will be same?
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February 23, 2017 10:06:47 AM
IPO Guru (2400+ Posts, 3600+ Likes)
http://www.bseindia.com/markets/publicIssues/BSEBidDetails_ofs_T.aspx?flag=R&Scripcode=500049 BEL Retail Subscribed 30 % till 11 . Poor response. Price hovering around 1498-1500 as per above BSE details