Dilip Buildcon Ltd IPO Message Board (Page 13)

In a book built issue allocation to Retail Individual Investors (RIIs), Non Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs) is in the ratio of 35:15: 50 respectively.
Retail Individual investors have an allocation of 30-35% of shares of the total issue size in Book Build IPO''s whereas HNI/NIIs category have allocation of 10-15% .
HNI/NIIs category is usually over-subscribed more than retail category.

Thus if you have 4 lac, it would better that you apply with two application i.e. <2 lac in the RII category, e.g. Advanced Enzyme was subscribed around 17 times in retail and 393 times in NIIs category. Therefore the chance of getting share allotment is high in case of RIIs when compare with the NIIs

If you have more than 10 lac to invest, then only you should go for HNI category as it would not be feasible to open many Demat account for applying one IPO..

Further as per my best knowledge:-
The over-subscription figures are based on number of shares and not number of applications. 393 times subscription means, for every 1 share that is available, there is a 393 share application.
If 1 crore shares are available in retail category and there is 393 times subscription, it means that the total number of shares applied for, is 393 crore shares.
(393 times subscription means 392 times over-subscription.)

AS PER MY VIEW, YOU SHOULD HAVE 8-10 DEMAT ACCOUNTS IN ALL DIFFERENT FAMILY MEMBERS/FRIENDS WITH DIFFERENT PAN NO.THIS IS FOR A GOOD QUALITY ISSUE AND YOU SHOULD APPLY IN ALL DEMAT ACCOUNTS IN FIRST LOT CATEGORY ONLY THAT IS OF AROUND RS.14000-15000 ONLY. IN THIS TYPE YOU WILL BE MAXIMUM BENEFITTED.

Khemka what is your suggestion on dbl on Listing day? Here everyone saying exit on Listing day it self please give your view

Dispite of good result by quickheal on fy16 q4 it was corrected 275 to 225 in a week...now same can happen but remember this is operator friendly stock...they will do whatever they want to do.