as per latest information firm allotment is possible for all who have applied for full amount of rs.99000/-. even firmallotment of 15 shares is expected in mudra for those who have applied in full.. best of luck
This message is for those wanting to invest in Kolte Patil Developers. ALl information is for retail category only. Maytas Infra issue size was Rs. 98.24, collected Rs. 1514.56 crores, oversubscription of 15.42 times. Kolte Patil issue size is Rs. 95.47 crores and it may not get bids more than Rs. 2000 crores. At Rs. 2000 crores, oversubscription will be 20.95 times. At Rs. 1500 crores, oversubscription will be 15.71 times. We can apply for a maximum of 17 lots in retail category.
At 5.00 pm 13.44 times retail subscription. This data is tentative data so one cannot be heavily relied upon. But ya it can be used to take the judgement.
At 5.45 pm, the retail portion is oversubscribed between 13 and 14 times, which means, whoever applied for 120 shares for Rs.99000, definite allotment of 8 shares. Happy investing guys.
To predict chances of allotment, use this information: Religare retail portion was Rs. 42.05 crores. Collected Rs. 3931.51 crores. Oversubscription was 93.50 times. Edelweiss retail protion is Rs. 202.49 crores. Edelweiss may not collect more than Religare. If you expect collection of Rs. 2500 crores translating into oversubscription of 12.5 times, apply for 13 lots to get allotment. If you expect collection of Rs. 3000 crores translating into oversubscription of 15 times, apply for 15 lots to get allotment.