septa sir its only 35 lakh share for retailers in thyrocare then out of 6 application 1 application can got shares
1448.1. Septa| Link| Bookmark|
April 17, 2016 8:46:58 AM
(4000+ Posts, 4600+ Likes)
total number of shares at offer is 10,744,708 shares so 35% of it is 3,760,650 Approx Thyrocare GMP around 190 kostax 1050 so grey market pundit r expecting 5.5 shares per application on market lot of 32 shares meaning the issue will be subscribed approx 6 times on retail side by number of application. So it could be more on number of shares.
THIS IS SUGGESTION TO ALL MEMBERS PLS ONLY PUT ONE LOT PER APPLICATION BCOZ THIS ISSUE WILL BE OVERSUBSCRIBED BIG TIME
So based on this we get 117500 application market is expecting 750000 application
1448.2. Septa| Link| Bookmark|
April 17, 2016 8:53:58 AM
(4000+ Posts, 4600+ Likes)
lesser the application better will be the chance of allotment in RII
Does the oversubscription figure of 1.4 times in retail category mean 1.4 times the number of applications received or 1.4 times the shares were over applied than the available total number of shares in lesser number of applications?
Becait makes sense: If it is first case , then people who have applied for more than 1 lot in each application, should understand that it is obvious that they will receive only 1 lot. That also explains some applications will be allotted zero shares.
However, if it is second case, significant number of people should get more than one lot in a single application. Then their concern of not getting more than 1 lot, needs to be addressed.
I got 1 lot out of 2 applied in single application and I am happy for it.
1447.1. Septa| Link| Bookmark|
April 17, 2016 12:23:09 AM
(4000+ Posts, 4600+ Likes)
the issue was over subscribed 1.4 times by number of share however on application front 135 each it was oversubscribed by 1.15 time total application was around.
Equitas Holdings Ltd. IPO Final Figures: QIB: 15.05x HNI: 57.47x Retail: 1.41x Total: 17.29x No. of Apps: ~ 587793 Retail as per Apps : 1.15x at application so out of 587793 application 90% allicant got 135 shares. this system is fair for small investor old system RII was oversubscribed 25 times all the shares was lapped by big player and single lot application hardly got any share. with this system more people get share
Septa sir, Your explanation itself answers concern all people in the forum . The IPO is over subscribed by 1.15 times number of applications . So, it is obvious that every body will / should not get more than 1 lot and a few will get zero shares. This is according to the new SEBI approved system and of course the retailers are benefited compared to previous system of allotment.
1447.3. SONMAYA| Link| Bookmark|
April 17, 2016 1:03:15 AM
IPO Guru (1300+ Posts, 500+ Likes)
Dear septa...aafter..yr. Entry..in this board....retail..investors hv gain ,one can easilyssay,much.more.knowledge....abt.IPO..and stock mkt....Thanks for being here..keep it up...jst curious... To know how old u R..(if u don''t mind)....please.......
1447.4. Septa| Link| Bookmark|
April 17, 2016 8:48:34 AM
(4000+ Posts, 4600+ Likes)
sonmaya thank u..... i turn 46 in few months time
1447.5. SONMAYA| Link| Bookmark|
April 17, 2016 9:18:49 AM
IPO Guru (1300+ Posts, 500+ Likes)
Dear septa,thanks a lot for..reply...as..such.I know...who..is....egleye....I can say...both of u..R...GEM....on this board.......both of u almost same age......GOD....BLESS...BOTH....do keep on giving all...imp..news..and views...........and..Help...retail..INVESTOR..B...I informed.....
Sonmaya, these two are TRUE gems among few more gems. They are RKS, gravitas, Pinky jain, gravitas, etc.
I m imagining how my life will be if I have friends like EE and Septa. If i meet them in real life in a cafe or coffee shop often, I can make my life like a garden of flowers. Money is important. Everybody does hard work, but only smart workers make money and become noticeable in the society..
No ji, I m just a duplicate type of stone that s sold cheap at gold covering stores. Still, I m not seriously into markets, since I m very, very busy in other job that requires my presence 24x7.
so how luck where u with application u brought. Also Just a query in regards with Thyrocare what is GMP based on 445 price band or 595 Price band. many big broker hor saying 595 is price band. what ur source saying Arjun
Arjun patel. What is yur advice, do you want people to sell once the equitas reach 149 or hold it for years?
1. How long it will take to become double.
2. You''re saying grey market is clever. How to buy shares in grey market? If I m sitting in a remote town 2000 km away from ahmedabad and I donno any body there...then how can trust someone and buy in greymarket.
BTW, per application rate in grey market means we have to give the grey market rate premium plus one lot price and give the rest of the money after transferring to dmat,?
Very interesting article from INDAIN MICRO FINANCE WEBSITE Retail Investors Get 135 Equitas Shares Allotted
Retail investors who applied for the Equitas IPO have started receiving the refund amount blocked under ASBA. Investors with savings bank accounts in Yes Bank, State Bank of India, Union Bank and ICICI Bank have reported that the ‘hold‘ placed on their application amount has been released and they have received SMS alerts confirming the same. Investors can now expect the shares to be credited to their Demat account by the 20th April as the shares will begin trading on the NSE and BSE on the 21st April.
HDFC Bank, Bank of Baroda and Kotak Bank Account Holders have still not been informed about the allotment, they must be patient and wait until Monday to know the updated status of their applications. The basis of allotment is now clear, all applicants have been allotted a minimum of 135 shares each. Some users have posted fake claims on forums claiming they have been allotted more than 1000 shares of Equitas, these claims are bogus and made by vested interests to discredit the IPO book managers.
Check Your Allotment Status
Investors who are anxious to know about the status of their applications can check it online at the link below. (Please Note : The details of allotment are yet to be updated by Karvy.It might take 2-3 days to start functioning.)
http://kosmic.karvy.com/eipo/ipoapp.aspx
holdingsICICI Direct – The Best Online Brokerage
Investors who had applied through ICICI Direct first reported receiving SMS alerts on 14th April 2016 intimating them about the amount deducted for the shares allotted. The amount debited was Rs 14,850 for 135 shares of Equitas Holdings Ltd at the price of Rs 110 each. You can also login into your ICICI Direct account and click on Order Book in the IPO sub menu, where it will show you the amount of shares allotted for your application.
ipo orders
Equitas could list between Rs 135- 150
The shares of Equitas are currently trading at a grey market premium (GMP) of Rs 25 per share. Some analysts believe this means Equitas could list around Rs 135 and then could climb up to end the day closer to Rs 150. The sentiment in the stock market is also quite bullish with the Monsoon expected to be above normal , the NIFTY has rallied more than 200 points this week.
International stock markets have also performed well over the past few days with the Nikkei is leading the pack by rallying more than 5% over the last two trading sessions. The short term outlook for the stock markets is very positive and hence you can expect Equitas to list with a bang.
Long Term Investment
Investors should buy more stock on listing day becait’s valuation is much lower than it’s listed peers like SKS Microfinance. Many retail investors who have got minimum allotment of 135 shares will sell it on listing day and control of the stock would move into the hands of domestic institutional investors and mutual funds. You can purchase the stock with a one year price target of Rs 300 by April 2017.
Superb septa anna. I was wondering about the targets before. now its clear.
I will hold this time for one year time frame. I had always been a flipper, but I think for testing my own patience, (satya sodhanai)I have decided to hold.
"The basis of allotment is now clear, all applicants have been allotted a minimum of 135 shares each ". But I didnt get any shares allotted [ never has got allotment in any issue managed by Karvy ]
I have applied for 5 times i.e for 675 shares whereas issue subscribed for 1.40 times retail portion but after that i have been alloted only 135 shares i.e 1 times. As per oversubcription i had been alloted atleast 3 times i.e 405 shares but this is completely a scam from registrars and company.
I think we all should file complaint against such syndicate to the SEBI.
applied 4 application ...and i got 4 out of 4.....enjoy
1434. Haar Jeet| Link| Bookmark|
April 16, 2016 9:58:55 PM
Top Contributor (300+ Posts, 200+ Likes)
kostak jodi buyer @2300 in Bhavnagar
also heard 3000 but not confirmed
Kitne dino k baad investor making money ( if some one don''t want to apply, sell in kostak but do not post not applying ) samaj ne wale samj gaye hai na samje na samje wo ...... :)
1433. Haar Jeet| Link| Bookmark|
April 16, 2016 9:47:58 PM
Top Contributor (300+ Posts, 200+ Likes)