hello guys. can anyone plz explain me the difference in bidding at cut-off price and at the max price offered as what i guess is that the max price is the cut-off price.
At 8 PM, it is 16.42163194 at cut off price in retail. At the max, it can go upto 17 times, I guess. Means out of every 17 applications, 15 applications would get 8 shares for the 99000 application. Chances are good :) Cheers...
The issue is bein Subscribed 14.9594 times roughly. People are calculating by dividing cutoff shares by total available. They are leaving two important things A. Not every retail investor applies at cutt off .If he applies at 825 it is not cutoff. B. Employees quota is not considered. C. Company can quote less then 825 as price which may add few more applicants.
hi all friends my sig.in pan card is short signature but my bank a/c sig. is full .u say me i will apply a ipo but this gay is not allot the share is right.