Something is fishy. Got 55/160.As per RII subscription figures, should have got atleast 150
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March 23, 2018 6:46:04 PM
IPO Guru (4400+ Posts, 5100+ Likes)
its same for everyone....they have allotted one lot to everyone....and then 5 shares per lot after that.... like 40shares allotted for 40 applied then 45 for 80 50 for 120 (as i got) 55 for 160 ......goes on like that
Ipo allocation to retail is now done based on 1 minimum lot assigned to all valid applications. The balance shares left are then allocated proportionately as per number of shares bidded. So, after allocating minimum lot to everyone, they divide remaining shares available divided by balance shares bidded to get the proportion ratio. in this case that ratio works out to be 0.1208, so in ur case after giving 1 lot of 40 shares, ratio of 0.1209 was applied for remaining bid of 280 which comes to 34. So, 40+34=74 in your case
Har bar Milta nahi tha.. usse to Accha he itna Mila hee, Khush Hona sikho.. itna bi nahi Milna chahiye tha. Pata he thoda bahot profit jarur hoga to ab worst allotment....that's not good
Even if it is 1.2 times also, 3 lots should be fair allocation. Still unable to understand their calculation. This allocation shows like its subscribed 2.91 times in RII.
Bandhan bank at par or 4-5% loss or 6-7% profit milega..Bandhan bank branches Ahmedabad ma new khuli he..performance not as good..relatives ke account b he...Forwarded Message
I had applied for 2 lots of Bandhan Bank IPO. Even as it was just subscribed 1.05 times under RII, why was it alloted just 45 instead of 80? Can somebody answer this?