SWAROOP, How do you get the individual subscription details? Bse and Nse sites convey how many times it is subscribed on the whole, and not in individual categories.
eClerx Services, provides data analytics and customised process solutions to global enterprise clients, has received good response on the last day of subscription. It got bids for 9.7 crore shares as against approx. 37.41 lakh shares on offer and bids for 1.18 lakh shares at cut off price.
The issue was subscribed 25.96 times, till 5 pm, according to data available on NSE website.
The strong support was seen from qualified instiitutional investors and HNIs, their reserved portion subscribed 36.85 times and 42.72 times, respectively followed by retail with 13.4 times, according to sources.
Hi all, How many times is eClerx oversubscribed. Where to find this? I looked at the nse website and information is not updated. What could be the listing price, does anybody have any information? I have applied for full 300? How many will I be getting? Please let me know. Thanks
Dear Sahni, Allotment in your case will be by draw of lots as the oversubscription figure has exceeded your lot size and there will not be firm alloment in your case.
Qualified instiitutional investors have given strong support to the issue, their portion subscribed 32.26 times followed by HNIs with 26.66 times and retail with 5.5 times, according to sources.
In my view no body should apply for this issue because it is going to perform as empee dis the Grey market rate is Rs 20/- so why should we take risk to earn just Rs 400/- .
Oversubscription data at 3.25 pm is as follows. Overall 21.48times Retail(cutoff)5.09times Others 28.52times(includes FII's, QIB's, HNI's etc) Final data will be known only after 7pm depending on time allowed by NSE and BSE authorites which in turn depends on volume of applicaqtions to be keyed in.
Thanks guys for all the information.. now can you please tell me latest details as after 3:00 pm and what are chances of allotment for those who applied for 15 slots at cut off price of 315 Rs.