Engineers India Ltd FPO Message Board (Page 41)

Hi All,
Whenever we apply in IPOs while allotment a program is run which takes a combination of PAN no and Date of Birth as the primary key and searches all the applications. If it is the same for any two records it rejects (only one of them or both I am not sure) the applications.
So as long as a combination of these two is unique you can apply. They do not search by brokerage.

just my 2 cents ...thank you...

Also please help each other and don't make this site a mud-slinging place else it may lose its credibility and in the end we all collectively would be the losers...

We all are small fishes in this sea... and it is the information which always makes or breaks your chances...Lets always help each other... Thank you


Sachidanand

EQUITYMASTER IS NEGATIVE ON EIL IPO SAYING VALUATIONS ARE TOO HIGH & PRICE WILL GO DOWN AFTER FRESH SUPPLY HITS THE MARKET.

retail bid position at 2.00 P.M
NSE 90 Lakh shares
BSE 49 Lakh Shares
Total demand 139 Lakh shares ( 1.2 times )
Looks it will subscribe at least 2 times

@188. MAJI D

As far as I know, for one PAN card you can do only one application. Please, double check with authenticate source before you do two application with same name but different demat account else your bid will be disqualified.

188. MAJI D
Yes you can, if you have two seperate D Mat accounts.

Only one application per account is allowed.

@195. abn

Hi, From where have you copy pasted subscription details?
Can you please provide the link?

Hey guys!!

Looks like a safe issue for long term investors..May or may not give good listing gains but a mus have for your investment portfolio.
Bajaj corp and SKS looks risky because of expensive price band even though both are good companies.

Dear Ravi
Pl. advice me better listing gain of which IPO sks or bajaj

Whats EquityMaster take on EIL

Check the HNI subscription

still Less than 1 time in HNI
retail only 1 time till 2 P.M

Better to avoid!!

ENGINEERS INDIA LIMITED - NSE Bid Details                        
Updated as on 30 July 2010 at 1400 hrs                        
Sr.No.      Category      No.of shares offered/reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)       16490830      320194460      19.42
1(a)      Foreign Institutional Investors (FIIs)            215839040      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            85112080      
1(c)      Mutual Funds            17878860      
1(d)      Others            1364480      
2      Non Institutional Investors      4947249      4774160      0.97
2(a)      Corporates            2244960      
2(b)      Individuals (Other than RIIs)            2126200      
2(c)      Others            403000      
3      Retail Individual Investors (RIIs)      11543581      9020920      0.78
3(a)      Cut Off            5809980      
3(b)      Price Bids             3210940      
4      Employee Reservation      712000      150960      0.21
4(a)      Cut Off            150540      
4(b)      Price Bids             420      

BSE Bid Details
Engineers India Limited Last updated on 30/07/2010 02:08 PM
Sr.No. Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 1,64,90,830 6,61,44,180 4.0110
1(a) Foreign Institutional Investors (FIIs) 87,93,720
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 3,72,85,200
1(c) Mutual Funds 2,00,28,260
1(D) Others 37,000
2 Non Institutional Investors 49,47,249 8,22,720 0.1663
2(a) Corporates 33,160
2(b) Individuals (Other than RIIs) 7,89,560
2(c) Others
3 Retail Individual Investors (RIIs) 1,15,43,581 48,91,580 0.4237
3(a) Cut Off 44,47,920
3(b) Price Bids 4,43,660
4 Employee Reserved 7,12,000 25,120 0.0353
4(a) Employee (Cut off) 23,600
4(b) Employee (Price) 1,520
Total Demand 3,36,93,660 7,18,83,600 2.1334

Total subscription 12 times at 2pm, subscription in retail 1.1 times

RETAIL 0.95 TIMES TILL 2=10 P.M.

Hi Ravi,

SKS rate jasthi anstha ilva?

175. Vishal

Looking at QIB over-subscription, Retailers are likely to put-in their applications at last hour, probably 2, outside chance 3 times, not sure.

Lesser the retailers response, good chance of listing gain as retailers get quantity.

My dear GEM IPO FINDER, SREEDHAR & RAVI BANGALORE, what is your final call on this subscription, I am confused whether I can go for full application or 10 lots or 12 lots, please suggest me.

188. MAJI D

Can you make two applications for job in EIL under OBC quota as well as GENERAL quota?

184:
Dear Manish, I am an employee of EIL. So I have applied through employee quota. Now can I apply through retail quota against same demat account?

PCJAIN, Vishal - Where do you get the info on the latest Retail subscription? I do not see it in NSE website atleast

EIL today's low 323.45 so far.