1X NII = 259.82Crs – assuming applications of 25KCrs. = 96X oversubscription
1X RII = 119,688 Forms – assuming 7L forms. = 5.85X oversubscription (applic-wise) i.e. average 4.10shares per form
260. Venkatram| Link| Bookmark|
June 20, 2017 3:27:12 PM
Top Contributor (300+ Posts, 100+ Likes)
The company shows a lot of potential so I thought I will apply but seeing the poor response from QIBs and NIIs I think this price is not right. I have decided to wait to see what price the market decides to award this company before I take a call on investing. So like someone earlier said I think it is wiser to buy post listing.
Very poor performance,withdraw your application /do not apply. HNI-NIL,QIB very less. Now application will be withdrawn -------,What for u waiting !!!!!!!
I have also withdrawn all 4 applications. Will buy post listing.
250. ShareView| Link| Bookmark|
June 20, 2017 2:57:45 PM
IPO Guru (2600+ Posts, 3700+ Likes)
QIBs have not opened their account yet at NSE & NIIs'' figures are even worse than Tejas , Less than 10 % subscribed while in Tejas it was less then 50 %. Lets see till the end of the day.
this is a good fundamental company dont be fearfull
249.1. PSR| Link| Bookmark|
June 20, 2017 2:53:37 PM
IPO Guru (1300+ Posts, 700+ Likes)
Most of the people are applying for listing gains. Tomake some money you will have to go with the group. when people are away from the issue, no fundamental work, in majority of the cases.
248. ShareView| Link| Bookmark|
June 20, 2017 2:49:16 PM
IPO Guru (2600+ Posts, 3700+ Likes)
Some banks allow cancellation / withdrawal till 2 p.m . So be careful and alert else you have to apply twice . So keep your fund reserve for that purpose according to situation . HNI Quota still very poor subscribtion . Less than 10 % till now .
🙏👍
247. Chem cho| Link| Bookmark|
June 20, 2017 2:40:35 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Looking at the poor performance from QIB / HNI till 1.40 i have deleted my bids in SBI account