Eris Lifesciences Limited IPO Message Board (Page 17)

today i applied 7 lots of iris can anybody advice how my shares will i be allottedwhat should i expert price

I am submitting all my applications.. this is another sheela foam ipo..

You r correct

Any update of subscription

Eagleye​ mam, you are applying or not???

Eris IPO

Day 3 at 2:10PM

The following data is assuming the shares will be issued at @603/- (upper price band)

QIB*: 1.298X (*Excluding Anchor)
NII: 0.105X
RII: 2.724X
Emp: 0.761X
Total: 1.126X

Applications: 2,48,500 Approx
No. of Applic-wise: 2.076X

so you are going to apply under HNI category

Thank You, hope by end of day the subscription reaches the below predicted number.... :-)

197. Eagleye Jun 12, 2017 9:16:15 AM IST Reply
Eris Lifesciences Limited IPO

Eris LifeSciences IPO
Market Estimates of oversubscription: (Revised)

Category-wise:

1X QIB(Net) = 519.64Crs – assuming applications of 10KCrs. = 20X oversubscription

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

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.

look at s chand company offered at Rs 670 with face value of 2 Rs.
It is trading today at 503 Rs.

Only change here will be in Eris, it is 1 Rs face value

Its a good IPO to Apply.
Debt Free Company....
Must Apply

Company is good. No doubt to anybody on this aspect.
Only issue is whether the share is worth Rs. 603/-?

Very poor performance,withdraw your application /do not apply. HNI-NIL,QIB very less.
Now application will be withdrawn -------,What for u waiting !!!!!!!

Eagleye mam, you are applying or not??

Its good to see over priced ipos getting poor response from investors and nice lesson for other upcoming ipo so that they cant fool people.

Paying Rs 6030 rs for a pharma share is bit too much an ask.

2 pm sub. data
same as before
No momentum

Any updated for subscription up to 2:00 PM.

Withdrawn two out of four applications, through SBI, after considering response at 1330Hrs.

I also

I have also withdrawn all 4 applications. Will buy post listing.

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

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.

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 .

Looking at the poor performance from QIB / HNI till 1.40
i have deleted my bids in SBI account

ERIS IPO Subscription Day-3 at 01:30 PM      
QIBS 1.2922x
NII      0.084x
RIIS      2.6456x
Employee       0.6686x
total      1.2091x