If career point can list and bounce to 100% why one cant expect 100 to 150 % returns... for one day .....drag to see CIL to list At345/325 and rally to by 1130 HRS 415/445 ....... and post Lunch 1400 HRS may be 525/555 ..... Gvinayak From Mumbai
Retail Cut Off Bids 39 20 48 500 Retail reservation 19 89 65 479 (31.5 % of total issue)
Employee Cut Off Bids 58 49 500 Employee reservation 6 31 63 644 (10.0 % of total issue)
Employee share available for Retail (31.5 % of total issue) & Non Institutional Investors (13.5 % of total issue) 6 31 63 644 – 58 49 500 = 5 73 14 144
Retail share from left out of employee reservation = 5 73 14 144 x 31.5 / (31.5 + 13.5 ) = 4 01 19 900
Share available for retail = 19 89 65 479 + 4 01 19 900 = 23 90 85 379
Over subscription = 39 20 48 500 / 23 90 85 379 = 1.64 Times (No consideration for Error in form, stop payment & check bounce etc.)
Application of 400 share will allotted 400 / 1.64 = 244 shares Total Gain 5 % discount plus 5.6 % listing gain minus 0.6 % brokerage = 10 %
Total gain on one max application of Rs 98 000 = 244 x 245 x 10 / 100 = Rs 5 978 in 20 days
have subscribe 100 shares at cutt off price ... what will be the ratio for allottment... most analyst talking that if we subscribe for 100 we may get 50% allootement??????
Fairly see to List IPO @ 315-311 and will be next cover story like Career Point. To gain impetus and reach at its life time high approx 100% return on Listing day and conslidation at 350-325 for more than a month and then a new story like MMTC which is really massive shot..........short term invester can sell @345/355 on Listing day and again buy on decline at 290/310 so they can ride further..... a penny saved a penny gained.
From my calculation, considering employee part subsribed .1 times. It comes out as retail portion subscriber 2.1 times. means every application of 400 will get around 191 shares each
friends,internal news se agar listing rate pata chalta to ipo apply karne se pehle hi log apna profit bata diya karte, koi keh raha hai listing price 400 aayega koi keh raha hai ki 500 aayega, yeh sirf timepaas ke liye msg post kar rahe hain, listing within rs 300 hi honi hai usse uper nahi, yeh sab jante hain , so move on to power grid or any other ipos and wait for its listing.
TO ALL INVESTER'S Dont panic . Rpower was a diff story, it was over priced............. Coal India IS Fairly priced.... i sold my 400 shares out of 800 shares.. FOR 32Rs NOW my avg for remaining shares is around 197....
1. Since there was a minute error in RHP that is why the revision option is given to all who applied. Its not that anyone can revise the application after closure of issue. 2. Since they have given the option to revise the application for cancellation or reduction I think that no one can increase their application amount. 3. For time limit one can refer to bseindia.com which has notice that cancellation or revision can be on or before 5.00 P.M. on OCTOBER 25, 2010.