Electrosteel Integrated Ltd IPO Message Board (Page 18)

NSE 4PM

QIB- 3.8
NII-6.95
RETAIL- 2.33

when it will be listed

tILL 4PM RETAIL IS 4.1(1.77 NSE + 2.33 BSE)

i have applied for two lot.means 1200 shares...........so how many alloted to me

Latest GMP

.80-.90 Paise in Electrosteel

retail subscription 3.25 till 3.50 P.M

expected around 5.5 times in retail means around 1600 shares will be alloted

Profit 1600 * 0.8
Better to stay away and apply in Vatach with full power
QIB more than 30 times in Vatach

Avoid Electro steel

retail kitna hua hai???
kitne shares 1 lac per alot honge???

AT NSE 3 PM

ELECTROSTEEL STEELS LIMITED                        
Updated as on 24 September 2010 at 1500 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)135309713 514377000 3.80
1(a)Foreign Institutional Investors (FIIs)            267629400      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            143244600      
1(c)      Mutual Funds            98049000      
1(d)      Others            5454000      
2      Non Institutional Investors22551619      70042200 3.11
2(a)      Corporates            48861600      
2(b)      Individuals (Other than RIIs)            21180600      
2(c)      Others            0      
3      Retail Individual Investors (RIIs)67654856 105836400      1.56
3(a)      Cut Off            77746200      
3(b)      Price Bids             28090200      

Will be listed around 12

AT NSE OVERALL 5.40 TIMES TILL 3
IT WILL EXCEED 10 TIMES ON BSE + NSE
CHEEERS !!

Till 3 pm, retail is 2.82 (1.56 nse+1.26 bse)

at 3 pm bse , retail 1.26 times & sudden rise in HNI category 7.20 times !!!!!!!

also @ 2 pm bse , retail 1.14 times..... nse yet not updated for 3 pm....

Everybody wants to sell the share on listing day. GUYS think where are the buyers. Most of the stocks will be listed around same time. Only good technical sound IPO can fetch you good listing gain. Now GMP is Rs 0.60 , May drop to discount. Already RAmkay GMP dropped to Rs 10 from 30. BEST OF LUCK TO ALL.

Hi GEM, SJ ,SHAHRANPURI AND SREEDHAR

I value your suggest for IPO, i am not posting any blogs on this site, however read comment posted by you guys.

Request you share your view before IPO closer, so other can benift.
I have oberved that you are jump in post closer of IPO most of the time.

Looking for your valuable suggestion & disucssion on this site.

Regards,
Nilesh

Dear 211 Jay

Allotment will be high due to greenshoe option of 3.38 cr shares, which company might exercise

I think one should avoid Orient Green or withdraw from Orient Green and apply in Electrosteel for better gains.

@ srini

1200 shares me to tumhe firm allotment nhi milega....... bcoz already it's 2 times in retail till 2 pm.... it will subscribe to 4+ times in retail.....

applied 1 full application 9000 shares

even if full allotment and just 5 % listing gain won't be bad in value terms (around 4000-5000 Rs.). Boarders, u wont get value returns in any other IPO.

Simple logic, supply and demand. When there is no demand we cannot expect a good listing price. Let us keep our fingers cross for people invested. All the best!...

i applied with 4 full application (9000 * 4 = 36k shares )

subscription is also getting higher up , should 4-5 times in retail......

Me also changed to 1200 shares, lets see.