Godrej Agrovet Limited IPO Message Board (Page 49)

They shall not get, who ever applied for the below cut off price.

we don''t know whether they have applied below cutoff or not. may be some people have bid @460 as well

lets take an example. if all QIB''S and NII''s bid @450 and all retail investors applied for cutoff expect one guy who bid 10 lots @460. The cut off price is calculated based on the price bids so the cutoff price in this case will be 450 rupees. if retail subscription is more than 10 times, then the retail guy who submitted the application with price bid @460 will definitely gets all 10 lots where as the other retailers have the probability of allotment in the ratio 1:10.

Most of the Retail people (99%) will apply IPOs at Upper Rate or else Cutoff price only.
Upper Price and Cutoff price both are same.
While applying some people will mention upper Price and some people will select cutoff.

Okay, I thought that, the "cut off" application includes everything that bidded at 460. Thanks.

Does that mean most of those who bidded at other that cut off in that list (10%) are placed at 460 itself...? :) I was wondering why they would bid lower than 460 when oversubbed. Thanks for insight...

It was single application with one PAN or 2 applications with single PAN?

with one PAN no. .... :(

with the same pan no. i applied 2 lots in first go than applied 1 lot second time....will i get anything or just ZERO for me... plz suggest

@neha:
you have applied two times by mistake, so your both application will be rejected...you won''t get any lot, so just delete or cancel the second application of one lot if possible....

APPly or Aviod???

Apply

IPO Super Analyst
Are you asking this by looking JAIN ???

NRIs can apply from NRO account only (Non Repatriation basis) .This is mentioned in the RHP .

I''m An NRE i applied from my Repatrable account of Axis bank. Till now I have not faces any issues and I used to get alottement too.