Edelweiss Capital Limited IPO Message Board (Page 40)

retail oversubscribe by 16 times approx...i think those who have appled for 120 shares in retail will get 8 shares confirm. going by current GMP of 825, return will be 6.5% approx for 15 days.

what is retail oversubscription of Edelweiss?

Mr. DN
The chances are 3 out of 10.

Buy religare at 560.It will touch 1000 in two three days.

I applied for 40 shares i.e. 5 lots. What are my chances?

Dear kamal,

Thanks for detailed analysis and thanks to Chittorgarh.com for providing this excellent forum for all especially new comers.

Mr Parag

Employee portion subscription at cut-off is only 10752 bids. Hence, all other are under-subscribed (I am assuming that the cut-off offer price will be fixed at highest i.e., Rs.825/-). Hence, all other employee subscription are under-subscribed only. As per page 499 of DHRP the under-subscribed portion of employee quota is to be transferred to retail potion only. Hence, the retail portion has more number of bids in the denominator. Net subscription of retail portion at cut-off price stands at 15.17 times, which means almost all, who applied in full, will get 8 shares as firm allotment. Hope I made it clear.

your site is very good

Kamal/385,
You are talking about "under-subscribed" portion of employee quota, but that quota is 10 times oversubscribed !!!
Eledweiss is the first issue where I have seen such huge response from employees themselves. I take it as strong belief by employees in their company, and that is a very good sign.
Motilal Oswal too gave shares at 825/- (for FV 5/-). It was listed @950/-, and now, in two months time, it is 1700/-. Though EPS of Edelweiss is less than Motilal, its growth seems higher. This share will be worth holding on to.

Religare ipo - 140 Crores
Edelweiss - 692 Crores
I have not invested in this ipo unfortunately

Mr.Anil 386 How can you say poor responce do you know what was size of religare and Edelwise

Very poor subscription as compared to Religare GMP will come down substantially and listing price will be around 1400

Nett Retail subscription is 16.17 times (after taking into account undersubscribed portion of employee portion of ipo). This has been very clearly spelt in page 499 of DHR Prospectous.
Under-subscribed portion of employee portion is 193788
(204540-10752). This is to be added to Retail portion. Then retail portion maximum bid will come to 2648270 (2454482 + 193788).
No. of bids received under retail category is 40185048, which is 15.174 times of 2648270.
So, almost all those who applied for 120 shares will get 8 shares for sure.
Happy investing.

what to do of ECL IPO

AND MUNDRA IPO

Hi uy @ 383, those are yesterday's details.

Thanks for correcting me Sams...you are right..

The portion for retail investors has received bids for about 1.43 times, while the shares reserved for employees have been oversubscribed 5.5 times

check this guys.
http://economictimes.indiatimes.com/stocks_in_news_home/Edelweiss_IPO_subscribed_109_times/articleshow/2556887.cms

23 out of 25 will get allotment of 8 shares (those who applied for 120 shares)

Final Subscription:

Retail Individual Investors (RIIs)

Total Bids: 42259080 17.2171
Cut Off 40185048
Price Bits 2074032

no effectivley it will 16.372 coz total retail applied 42259080 divided by total retail available which is 2454482 at higher band price