Thanks Eagleeye , Septa, Khemka... you have helped everyone a lot... now as IPO allotment has become too difficult & like a lottery & doesn''t have much scope to get more than 1 lot I would request you to please share your views for stocks you purchase or you think are better for short term, medium term or long term
I have some information which I would be pleased to share
Shirpur Gold : Target 150 before diwali IDFC Bank : 4 times than CMP in 4-5 years Shriram Transport & Finance : Target 1500 before December Indiabulls Venture : 5 times in 3-4 years
I also know tat this is 3 years ago. But Many of from us don''t know d past of DBL. Tats y send. This case is still going on.and it may effect on listing day. Remember my words. Below 200 vil list 101%
Bid/Issue Closing Date - August 3, 2016 Finalisation of Basis of Allotment with the Designated Stock Exchange On or about -August 8, 2016 Initiation of refunds On or about -August 9, 2016 Credit of Equity Shares to demat accounts of Allottees On or about - August 10, 2016 Commencement of trading of the Equity Shares on the Stock Exchanges On or about - August 11, 2016
The Rs 650-crore initial public offering (IPO) of infrastructure firm Dilip Buildcon saw 20 times more demand than shares on offer. The 21.4-million share offering saw bids for nearly 444 million shares, data provided by stock exchanges showed.
The wealthy investor portion of the IPO was subscribed around 80 times, while institutional investor portion saw nearly 10 times more demand than shares on offer. Demand was relatively tepid in the retail segment with the category seeing just two times subscription.
Around 50% of the issue was reserved for institutional investors, 35% was reserved for retail and 15% for high networth individuals (HNIs). The company raised Rs 430 crore by issuing fresh equity shares in the IPO, while the remaining Rs 220 crore of the issue was offer for sale by existing shareholders, including BanyanTree Growth Capital.
The company plans to deploy the capital raised in the IPO towards repayment of loans and for working capital requirements.
Bhopal-based Dilip Buildcon is a leading road-focused engineering, procurement and construction (EPC) player in the country. Axis Capital, IIFL Holdings, JM Financial and PNB Investment were the lead managers to the issue.
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August 3, 2016 7:10:11 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Dilip Buildcon Ltd.,- Last Day Subscription Fig. @ 6:00 P.M.: QIB* - 10.13× (closed) HNI - 80.86× (closed) RET - 2.18× (open) TOTAL - 21.31× FORMS (APPROX) - 304,800 (1.89X applicationwise) *EXCLUDING ANCHOR