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October 25, 2010 2:36:32 PM
Top Contributor (600+ Posts, 100+ Likes)
Disinvestment secretary said on cnbc interview that allotment will be done pro-rata basis as per sebi rules and govts past way of fulfiling everyones request. So minimum bidder will get 11-12 shares and 98k bidders will get around 190 shares. He also confirmed 35% of 6 crore employee quote will be added to retail, 15% to hni and 50% to qib.
Chittorgarh guys please open MOIL blog, tentative date of IPO is 19 nov-24 nov.
Hey come on ppl... Don't panic... The mistake is just typographic... The mistake can easily be pointed out and interpreted in right way by any intelligent investor if he/she has considered the financial data of the company...QIPs also are intelligent enough to research the data & point out the doubt and get it cleared... Just don't withdraw your application just by hearing that some error is in RHP... There are: No change in the fundamental of the company... No change in Profit...
Pls don't panic... If it lists in discount...it'll be only due to sentiment of the investors and not due to poor fundamental...
Hold it tight for longer term if there is some discount on listing day...It'll return to its real price within few trading days...
Hi guys, don't worry...........almost all retailers have sold their applications in gray market on an average rate of 5000 . Now the buyers will earn by listing it at 325++