BELOW IS FUTURE SUPPLY DETAILS --THOUGH QIB ,NII GOOD YET BAD RATE
Number of Times Subscribed (BSE + NSE) As on Date & Time QIB NII RII Total Shares Offered / Reserved 1,956,914 1,467,686 3,424,600 6,849,200 Day 1 - Dec 6, 2017 17:00 IST 0.5000 0.1800 0.2700 0.3200 Day 2 - Dec 7, 2017 17:00 IST 0.6300 0.6600 0.8300 0.7400 Day 3 - Dec 8, 2017 21:00 IST 12.3600 11.1500 3.2800 7.5600
No comparison at all..newen issue was of 450 crore only..this is 900 crore..double that of newgen..still sbscrptn in qib crssed 50 times..this is far better than newgen..
*GALAXY SURFACTANTS LTD IPO* *FINAL DAY SUBS.FIGURE AT 03:56 P.M.* QIB 54.27X** NII 6.96X RII 5.23X TOTAL 19.61X **Excluding Anchor Total No.of FORMS : 9,80,411 *Apps Wise : 4.42X*
*GALAXY SURFACTANTS LTD IPO* *FINAL DAY SUBS.FIGURE AT 03:48 P.M.* QIB 54.27X** NII 2.72X RII 5.16X TOTAL 18.67X **Excluding Anchor Total No.of FORMS : 9,64,466 *Apps Wise : 4.35X*
Going by QIB, looks like a good IPO for at least long term. We have seen IPOs like HDFC life where QIB was strong and others weak, but have given good returns overtime.
Won''t list handsomely given weak sentiments & budget uncertainties. But majority shares in strong hands should limit downsides.
Lahari......OTCEI ...no activity....all companies have delisted......few were very good companies like Galaxy..........Astra microwave....Valecha....Maxwell apprl ( VIP)..... they are now listed on the bigger exchanges....
*GALAXY SURFACTANTS LTD IPO* *FINAL DAY SUBS.FIGURE AT 03:04 P.M.* QIB 35.92X** NII 1.20X RII 4.81X TOTAL 12.93X **Excluding Anchor Total No.of FORMS : 8,98,976 *Apps Wise : 4.06X*