Mr Anonymous at Post 1983 reported the following: " Mumbai: Those who have invested in Coal India Ltd’s Rs15,000 crore public float will get a five-day window if they wish to withdraw their applications in India’s biggest ever initial public offer (IPO). Investors can withdraw their bids because there has been a mistatement in Coal India’s financials.
Investors will be able to withdraw their bids till the end of Monday, 25 October...
Total Issue Size 631636440 Total Bids Received 9580260075 Total Bids Received at Cut-off Price 330142200 No. of times issue is subscribed 15.17 Graph Logic
Employees living in cities have applied but area once far from cities does not have means to apply,but in cities they have apllied fully 99000 (i also applied for 73500)and will get full allotment
Just heard on NDTV that there is some misrepresentation in the DRHP of CIL IPO because of which an extended time of 25 Oct. is being allowed for those who wish to withdraw their applications (because of the wrong representation of the information) and the listing will be on 12 Nov.
Can anyone explain if the new corrected info changes the profile of this IPO which was favourable so far????.
retail subscribed 2 times , we will get only half of the applied shares, still cheers there will be huge demand by QIB after listing as they will get hardly any quantity before listing
Retail portion subscribd around 2 times..investors vll get 200 shares.. who applied full..plz hold on ur positions..donot withdraw or sell it..it vll list around 280 to 300..and can go above it..as per my analysis retail investors will earn around 10000 on listing..i also applied 4 applications of one lakh each..so dnt sell it unless u get 8000 in grey mrkt..
1953. aRYANrAJ| Link| Bookmark|
October 21, 2010 5:48:20 PM
Top Contributor (600+ Posts, 100+ Likes)
1.963 at 5 pm. will touch 2 to 2.3 in final figure.
Hi....can anyine answer this query of mine....i have applied for 1 full (400 shares) application through PHYSICASL form, now will i get the REFUND amount through PO , ECS or Direct credit into my ICICI Bank account. Plz revert.