What''s your view on Godrej-agrovet-ipo? Should we apply?
Thanks in advance.
474.1. KING VINOD| Link| Bookmark|
October 6, 2017 7:08:04 PM
IPO Guru (2400+ Posts, 5300+ Likes)
@ Vibhore Garg I saw your message just now Must Apply I already said in the Forum. I Hope you already applied for Godrej Agrovet Limited. Pray for the allotment.
Its doesn''t matter who is applying. At the end of the day look at the subscription rate. Apex was oversubscribed by 1.4 times where as GAL has oversubscribed by more than 2 times on the second day itself and you can expect more subscription on third.
464. R R Patel| Link| Bookmark|
October 6, 2017 5:26:54 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Godrej Agrovet Ltd IPO: Last day subscription figures @5:20pm:- QIB - 150.96X* (closed) HNI/NII - 236.04X (closed) RII - 7.11X (open only for offline form) Employees - 0.81X Total - 95.14X *excluding anchor Fantastic figures specially QIB Now everybody have to be focus on MAS Financial.....
5 lots or 1 lot, doesn''t make any difference to allotment chances. Chances are 1 in every 6 application in retail category will get allotted 1 lot(32 shares)..
463.4. BullOverBear| Link| Bookmark|
October 6, 2017 5:12:30 PM
Top Contributor (300+ Posts, 100+ Likes)
Incase of over subscription in retail category (RII), allotment is by lottery and maximum one lot per application (PAN No).
Your question was supposed to be asked somewhat earlier.
Please Undestand in Retail Category allotment is on application wise irrespective of qty applied. So its always better in such IPO to apply Minimum Lot
460. R R Patel| Link| Bookmark|
October 5, 2017 5:06:00 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Godrej Agrovet Ltd IPO Subscription figures on day 2@5pm:- QIB - 1.95X HNI/NII - 2.07X RII - 2.78X Employees - 0.25X Total - 2.33X Good figures as on day 2. Must must apply. Tomorrow last day subscription figures expected: QIB - 90-95X HNI/NII - 270-280X RII - 8-9X Total - 85-95X Retail application wise 4-5X
number of share you will get = total shares you applied for/ time of subscription in HNI. Total subscription is ~230. you applied for 32 lots total share you applied 32*32 share you should get 32*32 / 230.
Solutions of Queries well said!! Retail investors almost cornered ! they have only option by apply with multiple accounts. 1.Lottery system if subscription is more than one time. (Hardly you will get it) 2.if you apply in HNI hardly you will get 3-4 shares which is peanut 3.you will be trapped if you are planning to buy it on listing day as it will have 40-50% premium So there is no fun in IPO for Retail investor for well know companies IPO. Buy large cap in SIP that is the only option available for retail investor !!! So sad!!