HDFC Asset Management Company Limited IPO Message Board (Page 67)

Subscription @ 2.00pm
==================

QIB ------------ 98.67x
NII ------------- 85.26x
RII -------------- 5.43x
EMP ----------- 1.33x
SHA ----------- 2.20x
Total -------- 40.94x

No.of Applications (Approx) - 2078621
Retail Applicationwise - 3.48x

At 1.50 pM
QIB 97 TIMES
HNI 83 TIMES
RETAIL 5.4 TIMES
SHAREHOLDER 2.19 TIMES
RETAIL APPLICATION WISE 3.47 TIMES

Dear all shareholder quota appliers,
Pls ignore number 655 message because i already told you HDFC AMC IPO, HDFC shareholder quota maximum limit is fixed so it may not subscribe like ICICI.
Syngene and ICICI prudential sharholder where allowed to apply any number of shares. So both subscribed well after 2 pm.

Hi

How the allotment will be done in shareholder category ?

Hi Experts,

Anyone knows how the allotment will be done in shareholder category ?
App wise ?

In Syngene and ICICI PRUDENTIAL shareholders quota subscribed heavily because one shareholder can apply any number of share, whereas HDFC AMC maximum cap is fixed So it may not subscribe like ICICI.

Hi does anyone know how allotment is done in case of oversubscription in the shareholder category.
I might be wrong but the SEBI formula of minimum one lot irrespective of no of lots in case of oversubscription refers only to Retail Investor Category.

To get an approximate idea of appwise subscription,(in absence of the same in public domain)... Multiply qtywise subscription with 0.65...you might get an approximate if not accurate figure.
Wonder what prevents exchanges to publish appwise sub live, after the formula for retail allitment got changed

The subscription belongs to shareholder category as many holders go for full 2lac amount application.
&
U are absolutely right when this belongings to the retail portion.

Dear Jindal, i meant it only for retail category. SH category will not be there in every ipo.

Icici Prudential shareholder quota subscribes heavily after 2 pm like hni quota.
Similarly HDFC AMC also shareholder quota will spurt after 2 pm.
So for 2.2 times

Boom 35 times over subscribed, biggest IPO as of now

Dear All

There are several messages seeking mode of allocation in Retail & Shareholder portion. As per SEBI rules allocation mode is same in both portions. Please note that oversubscription figures indicated in all websites including NSE & BSE are number of shares and netheir number of applications nor lots.

The allocation methodlogy follows that if all applciations at cut off price or the maximum price with minimum one lot per applicaton when added together exceeds total avalible shares on offer , be it Retail or Shareholder portion, it will be alotted by draw of lots.

However, if the total as mentioned above does not exceed total offer quantum , all categaores at different bid levels will be alloted in same proportion of oversubcription at each step subject to minimum lot. If the minimum lot can not be achieved at any step then it will be by draw of lots in different ratios progressively favouring those in higher lots.

To give an example where Rajakumar pointed out in Biocon shareholders quota in Syngenta and ICICI Bank shareholders quota in ICICI Prudential shareholders quota,

In Syngene Intl, 6091 applicants apllied for 2,567,640 shares agianst an offer of 2,000,000 shares oversubscribing by about 1.28 times. But, 6091 applicnats at minimum lot of 60 added to only 365,460 that is not even 20% of 2,000,000. Therefore each lot catogory was alloted 78% (1/1.28) of their application. For those applying for mimimum lot of 60, SEBI rule does not permit 78%. To make it 78% overall a ratio of allotment 32:41 done thus eliminating 9 by draw of lots. From next lot of 120 , it meant 78% of 120 arriving to 93.8 , so alloted 93 which is higher than 60.

Similarly , in ICICI Prudential, preferential category ,even if oversubcribed by 11.9485 times , all applications adding to 25933 at minimum lot of 44 added to 1,141,052 much less than shares on offer ,18,134,105. Hence, each catagory of application lotwise was allotted 8.36% (1/11.9485). Hence those who applied 440 and less were allotted one lot by draw of lots at different ratios. Those above 440 were alloted one lot plus proprotiante at each step.

This occurs when oversubscription happens from smaller number of application each one applying with larger numbers of lots. Therefore, it is suggested to apply with maximum lots in allowed , in this case 169 in shareolder portion as applicants are limiited.

Dear Ou Ai,

Wonderful !!! Thank you once again.

Dear Ou Ai
Syngene Proportionate allotment thats why 32:41 ratio. It subscribed 1.28 times. So 9 application got rejected.

HI,
I have 28 shares of ICICI Securities. Can anyone told me what can i do for that I bought it in 520

Not the forum to discuss secondary market issues.

@Tushar Singhal,

I booked 30% losses in ICICI securities and switched to another stocks, please book your losses and go for HDFC or HDFC Bank or Bajaj Finance or Bandhan Bank which are doing good

@ s k sindhi
QIB-37.77 ☓
NII-53.66 X
RII- 5 X
EMP-1.29 X
SH- 2.04 X
TOTAL- 20.79X

Dear Ou Ai
I already told you HDFC AMC Shareholder allotment is different from Syngene International and ICICI PRUDENTIAL.
1. In Syngene go through allotment process. You can find one applicant filed application 96,000 shares and allotted 74742. One Biocon Shareholder can apply any number of shares.
2. Whereas HDFC AMC MAXIMUM CAP IS FIXED(2lakh
3. You always mentioning retail and shareholder quota is similar. Yes Sir I accept.
4. In HDFC AMC shareholder quota all applicant will get 13 shares each upto maximum applicant 1,84,615. If issue gets subscribed below 1,84,615 forms.

@ Rajakumar,

Now the scramble is to know the No. of forms after closure of issue.

How and when will we be able to know this magic figure ???

Looks like the RII subscription issue has gone to the back burner !!

At 12.55 pm
QIB 63.56
HNI 65.69
RETAIL 5.05
SHAREHOLDER 2.05 TIMES
RETAIL APPLICATION WISE 3.26 TIMES.

Admin please remove this thread.
Waste of time and resources.
Excepting this guy, nobody cares about ICICI securities now.
Everyone is looking at HDFC AMC ipo.
Don't entertain all and sundry queries about shares held by people.

Dear Prakash,

Where it is written that this is not for secondary market....If some one is asking for expert view then why you are facing problem?

Try to understand his money is already blocked and price is down by 40%....As an investor you have to help him by giving your suggestion...

You are really very RUDE....please do not mind...

*HDFC AMC LTD*
*FINAL DAY SUBS.FIGURE AT 11:30 A.M.*
QIB 13.58X**
NII 17.74X
RII 4.62X
EMP 1.22X
SH.H. 1.82X
TOTAL 8.54X
Total No.of FORMS : 17,88,503
**Excluding Anchor
*Apps Wise : 3.00X*

12:30 data
Double of 11:30 data

likely to reach 10x in retail

Dear Ou Ai
HDFC AMC ALLOTMENT is different from Syngene International. In Syngene one Biocon shareholder applied 96,000 share and allotted 74,000 shares.
IN HDFC AMC SHAREHOLDER QUOTA. ALL THE 1.84,615 APPLICANTS WILL GET MINIMUM LOT OF ALLOTMENT IF NUMBER OF APPLICATION IS BELOW 1,84,615.
IN HDFC AMC MAXIMUM CAP IS FIXED FOR SHAREHOLDER QUOTA THAT IS 2 LAKH

Letest subscription figar

HDFC AMC SHAREHOLDER ALLOTMENT IS DIFFERENT FROM SYNGENE INTERNATIONAL.
IN SYNGENE INTERNATIONAL ONE SHAREHOLDER OF BIOCON APPLIED 96,000 SHARES AND ALLOTED 74000 SHARES
WHEREAS IN HDFC AMC MAXIMUM CAP IS FIXED FOR 2 LAKH.

abhi kal se suru.. allotment kab hia.. allotment aya.. link do.. mera pan lo.. blah blah blah.. listing kab hai.. hahaha :-)

YES.Kind request to admin to remove all such posts till thursday.