if someone wants he may stop his applcn of dq if left & not applied for ilfs its opportunity lost.
dq is rs.128 crore issue listing gain of rs.40-50 possible on higher side, maximum allotment expected 80 sh that is too on lottery so maximum gain rs 3200-4000 per appl
ilfs is rs.700 crores ipo listing gain of about 100-150 possible retail will not be subsribed more than 9-11 times so for one lac applcn 40-50 shares expected so gain here could be 4500-5500 per applcn
ilfs gain are sure but in dq u may not get shares so no gain but in ilfs more or less there will be gain for sure
Subscription Position at 5:00 P.M. Total Issue Size 13217151 Total Bids Received 1133782240 Total Bids Received at Cut-off Price 77345120 No. of times issue is subscribed 85.78 Retail at CUT OFF - 16.39 times Retail at CUT OFF (incl. Employees) - 15.34 times
overall 86 times retail 16 times retail may cross 18 times
so one lac application will be on lottery....... if some one wants he may pull his applcn for ilfs, but if have sufficient money for ilfs after dq he should also think now no allotment expected
Thank god I haven't applied in this one, it's a total waste of opportunity, It's heading towards 20 times in retail that means 1 lot for a full application with a 15/20 chance. If we assume a listing gain of 50% (highly unlikely) the effective % return works out to 3%. Better to trade in secondary market, you can always get an opportunity to earn more than 3% in 20 days.
Subscrition Position at 3:00 P.M. Total Issue Size 13217151 Total Bids Received 766858560 Total Bids Received at Cut-off Price 38321440 No. of times issue is subscribed 58.02 Retail (inc. Employees) at Cut OFF -8.1222 times