Credit Analysis & Research Ltd IPO Message Board (Page 11)

SIR I APPLIED 20 SHARER IN CARE. GET ANY CHANCE FOR ALLOTMENT.

YOU ARE ABSOLUTELY CORRECT AS FAR AS PROBABLE ALLOTMENT IS CONCERNED.

To remove confusion of allotment, I have studied the new SEBI provisions and the conclusion is following - yes not all will get allotment and those who applied for max 195000/- will also not get more than 20 shares. Look at it:
Retail portion reserved - 25.20 lac
Min Lot size - 20 shares
Max allottees - 126000
No of retail applications 3,10,000 (as per my info)
Ratio will be 2.46

Now, those who applied at lowest slab of 20, suppose there are 275000 applications so 126/310*275 = 111775 out of 275000 will get allotment i.e. in the ratio of 1:2.46 and others will not get any shares.

I hope Gem ipo finder (if he is the original Gem) will agree/comment with his views. I also hope by now he has completed his CA. I used to track his posts here one year back and his analysis was rock on im most cases. But I withdrew from Chittorgarh after Oct''11 due to glut in market and failure of allotment due to overcrowding and lack of quality issues. CARE has prompted me to come back but here also unlikely to get much allotment. If one has 8-10 DP accounts only then one can hope to get good allotment.

thanx to IPOFINDER for cautioning in time about the allotment process

even i have not gone through the new rules before reading his message but thanfully i applied in 15 a/cs only 1 lot but after seeing retail subcption @ 6 times i thought i made mistake but then i read the rules and found ipofinder was correct in cautioning but not 100% correct in analysing the rules

your calculation is absolutely correct.

For retail category, only approx. 126K applicants will receive min. 20 no. of shares.
If the no. of applications is more than 126K, than shares will be allotted on lucky draw basis (subject to min. allotment of 20 shares).

CARE IPO,We are only applying to this IPOs, base on the performance of the secondery mkt.Normally mkt will crash after big IPO. ( as per history). My prediction is after Bharti IPO closes, mkt will crash by 100-150 on Nifty basis. In that mood CARE , PCJ would not give handsome return.

lucky investor getting 20 shares,,,current premium is 182rs...pcj premium 7-8 rs its remaining between 4 to 8 rs till listing date..bharti premium is 4-5 rs...apply small lot in bharti u definately getting rss..

on 2 lakhs application around allotment of 40 shares (2 lots) is expected.

This will result into profit of around Rs 7280 based on current GMP of 185. This is good enough.

Big Mistake by investors who have a fund and applied in small lot considering new allottment system..
Dont repeate the same in PCJ IPo.. closing today.. still have a chance if fund is lying.. Dont utilise that fund in Bharati ..
Care and upto somewhat PCJ will prove like another COAL..

As per NSE site, retails section has been oversubscribed 6.18 times..

THere is any chance of lot size broken? to give allotment to maximum applicant
1000 got 20 share from 2620 applicant
or
2000 got 10 share from 2620 applicant

Total Application in
Retail Investor
3,30,000 Received
3.30/1.26=2.62 =============1/2.62====== 2/5 ========= 4/10======
allot 20 shares - 20*150 === 3000/ profit- or to
20*250 ====== 5000/- profit =====

to my knowledge minimum lot for allotment is 20 share.

listed today at bse... ,,,FOCUS... a nbfc.

TO MY OPENION, EVERY ONE WILL GET 7 TO 8 SHARES IN CARE IPO. EXPECTED LISTING PRICE MORE THAN 1000.

Highly noted IPO. Gud response from all kind of investors.Lisited @ around 850 to 950 per share.

If the total applicant in retail is approx 450000, then for full application 28 out of 100 applicant will get 46/47 shares. One can calculate their allotment as
20 + (Total share applied - 20) X 0.11048
But for each lot only 28 lucky applicants out of 100 applicants will get shares as per above formula.

YES gemipofinder people have made mistake in not applying for rs 2 lakhs in care ipo i had indirectly hinted they are likey to get 10 shares for minimum application for 20 shares . but any way allotment is sure

nice to see u that u r still active in board

sir,

as per smrtinvstmt total retail applicant is 3300000 7 no of sh offered in retail quota is 25.20 lacs so every third applicant will get allotment of 20 shares whether he applied for 20 or 260 sh.

ipofinder, is correct in this type of oversubscription situations in saying that chances of getting allotment is same irrespective of bid

126000 allotment possible \\\\\\2.57 to 3.57 bidders / 1 bidd. allotment 20 shares

total Retail Individual Bidders apply 450000 \\\\\\\\\ 126000 allotment possible \\\\\\ 3.57 bidders / 1 bidd. allotment 20 shares

We have no information about how many retail applicant but it will definitely 4 lakh puls applicant

Is there any way to figure out the total number of applications under retail segment apart from Basis of Allotment?
Becathat will hold the key to arrive at approx. number of shares to be allotted at various lot levels.

4 lakh plus application

@Jackpot..
How have you arrived at this figure?
Any authentic source or your estimate? If latter, what is the basis?

THOSE WHO HAVE NOT APPLIED FOR 260 SH INSPITE HAVING MONEY HAVE MADE A MISTAKE ....

THAT CAN BE SOMEWHAT SALVAGE BY APPLYING IN PCJ...