Firstsource Solutions Limited IPO Message Board (Page 4)

applied for 1500, got 136. got refund also into my account.

I applied for 400, got 100. but i havent got my refund, even shares are not refleted in my demate account. did any body has the similar case?

Atul,

i had applied for 1 lot of FSL Ipo i got 1 lot.dont think there is any process for allottment,its just about luck.......

I had applied for 800 and got 100. Don't think therez any point in pondering over the allotment process. Lucky if u get it... just leave it otherwise...

Atul,,, U need to apply for the minimum lot of 10 - 15 then only u can expect any allotment.

i had applied for 1 lot for FSL Ipo but i didnt got a single share can anybody expalain how this allottment happens?

hi Rajan,if u dont know about fundamental & p/e ratioof ipo then u better stay away from it.at the end of the day if oversubscription is 1 or 1.5 times then u better do stop payment of cheque.about cairn it has got long term story like rel petroleum cairn looks attractive at 120 level.& about house of pearl it is very expensive stock.it will going to take 1year or more to come at level of issue price.i totally agree with fact that all current ipo is aggresively price but because of good mkt condition they got oversubscribe.recently even i lost money in akruti but it got good fundamental, only because of higher int rate + 4%vat(rumors on prop in this budget) is catching akruti in downturn.

Friends, I applied in full quota for retail i.e. 1500 shares but surprise, surprise, I only received 100 shares! Can anyone please explain to me how in the world that can happen & whom shell I go requesting for my remaining 36 shares? Please advice ASAP. Thanks, CV.

Hi, I applied for 400 shares, but didn't get any (Not even the refund). Can anyone advice me on where we can get the refund details?

anybody know about what will be the listing date of First source solution?

what is the listing date of FIRST SOURCE SOLUTIONS LIMITED

Hi Varun,

If you have money and if you feel a particular IPO is very good apply for the max number of lots, which generally comes to 14 or 15 lots for most of the IPOs as the limit is Rs.1 lakh for a retail investor.

There are people who applied for 10 lots for this IPO and still did not get any. Only those who applied for more than 11 lots for FSL can be sure of allotment, otherwise it's all lottery. With 2 lots your chances of allotment are only 4 out of 23.

Hi Mahesh,

As you might already be aware of, applying at Cut-off is a privilege given only to retail individual investors(RIIs), and the RIIs are free to decide on whether to use that option or not, .i.e. RIIs can even opt for price bidding.
So apart from 220905800 cut-off bids in 235717400, there can be few valid price bids too at Rs.64.

Cut-off price is decided only after the book closure.

what is the listing date of FIRST SOURCE SOLUTIONS LIMITED,

pl if you kkow what is listing date .What is further futre of this strip.

i applied 2 lots of first source didnt get a single shares.what the hel is going......

Hi Mahesh
I see your point. However, in the absence of them publishing "Basis of Allotment", I assume that they have rounded off 10.812 (oversubscription at cut off) to 11. Plus, they do deduct/add "a few" shares in some categories to round up, which I presume is an acceptable practise for them (even though it may not be to the investor's advantage). You may have noticed "Addl shares" being allocated for certain IPOs under a selected category in a proportion different from that for that category (This is used to round up). I am not an expert, but I think this is the way, it works.

hello dear Manchana
Total appln in retail was not 220905800. It was 235717400 and you can check it out in the link ut bids at cut off were 220905800. therefore we should get 138 shares.
now can you explain it to me.

All the participants are humbly requested to tell me about the prospects of this company. Is it dealing with Information Technology and will perform like Cambridge or other IT Companies after listing.

Whether I have to stay with it or immediately sell the shares on listing.

I applied for Firstsource shares paying 76800. I did not get any allottment.Will any of my friends tell me how to grt the basis of allottment to check up whether the allottment of shares is correct?

Previously companies while refunding or allotting shares used to send the basis of allottment also. Will our friends write to SEBI to reintroduce the procedure so that investors can check whether the allottment is correct ?

M D Rajan