Fine Organic Industries Limited IPO Message Board (Page 4)

RITES & FINE ORGANICS
IPO OPEN 20 JUNE
IPO CLOSE 22 JUNE
BASIS OF ALLOTMENT 27 JUNE
UNBLOCKING ASBA 28 JUNE
CREDIT OF SHARES IN DEMAT 29 JUNE
LISTING OF BOTH ON OR ABOUT 2 JULY MONDAY.

Finalization of allotment on 27 june
Fund unblocking on 28 june.
Credit in ac 28 june
Listing on 2 july
Allotment ratio will be 3:2 that is out of three two get allotment.

Read credit in ac on 29 instead of 28

thanks johny for sharing the information

please let me know when allotment status will be declared for fine organic ipo

28 max by 29

@pmehta
u cant withdrawl application now.don't worry it will give 20-30 rupees on listing.

I have apply for one lot shall it continue or withdrawal due to farm allotment will it list in discount

You cannot withdraw the application now

Above ratio is for retail category

GMP of VEL is 50-60
GMP of Rites is 30-32
GMP of Fine Organic is 18-20

The stock movement of galaxy surfactant to be studied this week to know the probable listing price of fine organic ... Hope galaxy regains 1500

Hello Guys,

We can able to judge by looking QIB and NII Subscribed Figure and take a decision if it is okay to apply it or not but NII and QIB figures disclose last day after 4 pm when ASBA facility closed in most of banks.
Does all NII category people apply last day after 4 pm? I don't think so all NII category people apply the same time. Kindly share your views on this.

If u r satisfied with valuation go for it. Even on first day itself.its immaterial what other are doing. I applied for rites on day one @9 whereas for fine i did not apply because of its valuation co demanding. Even if it will list at 10%,20% or above. I have no regret. HAPPY INVESTING

Guys,
Apply for both ipo
Both will give good listing gain..
Rites wiill list above 20% premium
Fine will list above 10% premium
Mark my words...
See the subscription at the end of day

Dear IPOANALYSIS
Qib and HNI crosses 12 times so it will give listing gain. Whether 10% or not. But decent listing on the cards. Because it is debt free company. Market gives thumps up for debt free company.

Punters r smelling next indigo type listing...

*FINE ORGANIC LIMITED*
*FINAL SUBS FIGURE*
QIB 12.86X**
NII 21.01X
RII 1.62X
TOTAL 8.99X
**Excluding Anchor
Total No.of FORMS : 2,04,660 on For 1,41,197 Lots
*Apps Wise : 1.45X*
*Estimated Allotment Ratio_ 343:499*


*FINE ORGANIC LIMITED*
*FOR HNI/NII GET 1 LOT OF 19 SHARES*
IF THEY HAVE MADE A BID OF 400 SHARES
(RS. 3,13,200/-) & MORE
Interest cost @6.5% for each share Rs 18/- only
*LISTING ABOUT = 783+18= 801/- and more*
*BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE QIBS & NII, LISTING WILL BE SUPRISING*
There may be a difference between the statistics and the rates of your and my calculation methods, so please do not have any dispute or debate.
Thanks

Current GMP plz. ?
Hope for listing gain

On listing day 850 to 858 will be. U vl c.

*FINE ORGANIC LIMITED*
*FOR HNI/NII GET 1 LOT OF 19 SHARES*
IF THEY HAVE MADE A BID OF 400 SHARES
(RS. 3,13,200/-) & MORE
Interest cost @6.5% for each share Rs 18/- only
*LISTING ABOUT = 783+18= 801/- and more*
*BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE QIBS & NII, LISTING WILL BE SUPRISING*
Thanks

Sorry for naive question but how to derive this information
*FOR HNI/NII GET 1 LOT OF 19 SHARES*
IF THEY HAVE MADE A BID OF 400 SHARES

Oversubscribed 21 times hence allotment shall be proportionate.
400 / 21 = 19.

@ jonny
As per sebi guidlines share should be alloted in such a way that maximum no. Of retail investor get allotment. Hence only in case of undersubcrpition of the issue one will get higher no. Of share. Otherwise retailer get minimum lot. Earlier i e before 2012 retail get allotment proportionate to his application. Higher u applied higher u get. But now scenario changed therefore its better to apply for min lot with separate PAN. So that ur chances of alotment increases

*FINE ORGANIC LIMITED*
*FINAL DAY SUBS FIGURE AT 07:00 P.M.*
QIB 12.86X** closed
NII 21.01X closed
RII 1.44X
TOTAL 8.90X
**Excluding Anchor
Total No.of FORMS : 179317
*Apps Wise : 1.27X*

*FINE ORGANIC LIMITED*
*FINAL DAY SUBS FIGURE AT 07:00 P.M.*
QIB 12.86X** closed
NII 21.01X closed
RII 1.59X
TOTAL 8.97X
**Excluding Anchor
Total No.of FORMS : 200346
*Apps Wise : 1.42X*

Now 70 to 75% chance of allotment for RII

*FINE ORGANIC LIMITED*
*FINAL DAY SUBS FIGURE AT 04:47 P.M.*
QIB 12.86X** closed
NII 21.01X closed
RII 1.14X
TOTAL 8.74X
**Excluding Anchor
Total No.of FORMS : 1,38,571
*Apps Wise : 0.98X*

IT MEANS RII WILL GET MINIMUM 1 LOT
PL CORRECT ME IF I AM WRONG

Now Retail subscription on the basis of app is 1.27X
So every 127 applications 100 will get allotment of maximum 1 lot

Application subscription may go upto 1.35X

GOOD ISSUE
Apply for listing gains , or Hold for short term

QIB 12.86

NI 21.1

RETAIL 1.14

TOTAL 8.74

Mr . chem cho

listing ketlu thase , GMP ?

As i earlier told fine organics will give at least 5% return on ur investment.but in rites there are very low chances of allotment so you will not get anyting so fine is better in terms of investment for retail subscriber