Listing price not only depends on grey market price but overall market condition. If NIFTY remains above 11000, then definitely, it will list at 1500+.Any under -ve sentiments also 1250-1300 is very well possible.
so if i apply for 01 lot three times, will it be considered 03 application? Or this is not allowed, only single application be accepted from one demat account.
Plz clear one thing. As per detail given of peer competitor ICICI AMC Net profit, Revenue, ROE is much better then HDFC AMC. I put money for 2 lots. is it the right decision. Secondly ICICI AMC is listed or Not.
That is the point. If someone getting the return of 6.5 from funds, why he'll give money for loan to get the same interest. Generally people get loan @1.5% or 2% per month for such short term.
Hi. may i know where to see the application wise subscription for RII category?
729.2. P Patel| Link| Bookmark|
July 27, 2018 4:26:15 PM
IPO Mentor (900+ Posts, 900+ Likes)
RII - Total: 6.19x and Applicationwise - 3.96x .......
Are those application wise numbers really true?
If so, than really surprised !!! Are those applicants not aware of allotment process? It doesn't make any sense to apply more than 1 lot in each application for such a high demand IPO. Unnecessarily block the money.
Patelji I too was surprised to see the gap, then as one member mentioned here of the factor of "13 shares", added to Lunar eclipse may be the cause. (Though personally it looks absurd reason to me) Another important factor is the unprecedented craze for this IPO, as I have highlighted in other post 5300cr retail bids were received against the size of about 850cr. Hence many new investors may have applied for it first time. Last time such craze was in Dmart which received 4850cr bid. Otherwise, normal retail bid size is about 2500cr in any good IPO
Yes So many Pepople are not aware about allotment process even we told after that also they applied more thn 1 lots in oversubscribed ipo's , only 3.96 times ( at 4PM ) real figure for retail allotment .
6.19 times in retail ( at 4 PM ) is just a number , nothing more.
I have applied two applications for the same Pan number inadvertently. My query is 1. Will it be rejected even before considering for the allotment ? or 2. Will it be rejected if both are allotted ? or 3. What will happen if one is allotted and one is not allotted ? Thanks.
I think those who apply for the application in the shareholder category have got fun Because I think about 40% shares of their demand will be aloted..
But at the same time, it also seems that if the listing took place at a higher price, then the selling will be under heavy pressure because the prices are above 500 rupees per gray market, but the interest of HNI per share is around Rs 230.Apart from this, shareholder categories may also make profits and can increase the pressure of the sell-off.
*FOR HNI/NII GET 1 LOT OF 13 SHARES* IF THEY HAVE MADE A BID OF 2537 SHARES (RS. 27,90,700/-) & MORE Interest cost @6.5% for each share Rs 230/- only *LISTING ABOUT = 1100+230= 1330/- and more* *BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE QIBS & NII & ALSO RII, LISTING WILL BE SUPRISING*
where people get interest rate of 6.5% annul for such a short period ?
724. P Patel| Link| Bookmark|
July 27, 2018 4:32:24 PM
IPO Mentor (900+ Posts, 900+ Likes)
RII - Total: 6.2x and Applicationwise - 3.96x .......
Really surprised !!! Are those applicants not aware of allotment process? It doesn't make any sense to apply more than 1 lot in each application for such a high demand IPO. Unnecessarily block the money.