H.G. Infra Engineering Ltd IPO Message Board (Page 10)

4.11 *
1.27*
2.14*
Total 2.51 *

Subscription @02.40pm
==================
Qualified Institutional Buyers (QIB) ---------- 4.11x
Non Institutional Investors (NII) --------------- 0.28x
Retail Individual Investors(RII) ---------------- 2.12x

Total ----------------------------------------------- 2.29x

H.G. Infra Engineering Limited IPO
Latest Subscription Figures as on 3rd Day @ 02:30 PM
QIB (NSE+BSE) = 1.32X + 2.79X = 4.11X.
HNI (NSE+BSE) = 0.05X + 0.22X = 0.27X.
RII (NSE+BSE) = 0.53X + 1.55X = 2.08X.
Total (NSE+BSE) = 0.65X + 1.62X = 2.27X.

Subscription @02.30pm
==================
Qualified Institutional Buyers (QIB) ---------- 4.11x
Non Institutional Investors (NII) --------------- 0.27x
Retail Individual Investors(RII) ---------------- 2.08x

Total ----------------------------------------------- 2.26x

No.of Applications (Approx) ------------ 208099
Retail Applicationwise (Approx) --------- 1.91x

Subscription @02.20pm
==================
Qualified Institutional Buyers (QIB) ---------- 3.03x
Non Institutional Investors (NII) --------------- 0.27x
Retail Individual Investors(RII) ---------------- 2.06x

Total ----------------------------------------------- 1.95x

Where we can check the latest subscription details ?

Finally Subscription is Full By QIB with 2.7920%.........

IT LIST @DISCOUNT

H.G. Infra Engineering Limited IPO
Latest Subscription Figures as on 3rd Day @ 02:20 PM
QIB (NSE+BSE) = 0.24X + 1.74X = 1.98X.
HNI (NSE+BSE) = 0.05X + 0.22X = 0.27X.
RII (NSE+BSE) = 0.52X + 1.53X = 2.05X.
Total (NSE+BSE) = 0.34X + 1.30X = 1.64X.

The game begins.. FII enters..

QIB & RII fully subscribed. I think investors should not expect more than 5-7% return.

Subscription @02.00pm
==================
Qualified Institutional Buyers (QIB) ---------- 1.85x
Non Institutional Investors (NII) --------------- 0.25x
Retail Individual Investors(RII) ---------------- 1.89x

Total ----------------------------------------------- 1.53x

No.of Applications (Approx) ------------ 189115
Retail Applicationwise (Approx) --------- 1.74x

On an average, We have witnessed 30 % returns when the IPO gets over-subscription of 30 times and above. Now, It might get subscribed 5 times ?

Returns can be 2~3 % or -10 % ?
For some reasons - QIB''s, NII''s didn''t like the issue. Stay away...

Just noticed some momentum in QIB''s quota. Keep a close watch.
Risky bet though..

qib now - just 7 %

qib - 1.7x

Subscription @01.50pm
==================
Qualified Institutional Buyers (QIB) ---------- 0.07x
Non Institutional Investors (NII) --------------- 0.22x
Retail Individual Investors(RII) ---------------- 1.86x

Total ----------------------------------------------- 1.00x

ISSUE FULLY SUBSCRIBED

The subscription so far is disappointment. I am sure that issue will safely sail through with last moment support from QIBs and allotment will be at high end of the band i.e. 270.

Even if someone strongly believes in the company, it is recommended to buy post listing to balance risk with meagre listing gains (if any) expected.

For IPO to sail through QIB needs to be fully subscribed.

With Retailers quota subscribed, QIB subscription will be managed by issuers somehow and IPO should sail thru.

Most pertinent question...even if it sails thru why should one take risk in IPO? Find out your own justifications and then only apply.

Discl: I have decided to skip applying in this IPO but will remain open to buy from secondary market in future.

Short and sweet msg.cancel application and save money. no qib participation at all toll now

even at 1: 50 pm , qib : 0

I never ever seen this type of IPO in which QIP subscription is 0% . Till third day.

Even worse than Aster

Qualified Institutional Buyers (QIBs)      0
Non Institutional Investors(NII)      0.228
Retail Individual Investors (RIIs)      1.8403
Employee Reserved      0
Reservation PortionShareholder      0
Total      0.976

Something wrong with the Merchant Bankers . one need to congratulate the Merchant Bankers for their courageous step

HDFC & SBI

Those who want to widraw/cancel their bid, cancel immediately because after bid closure time, bids can not be cancelled.
Bid closure time depends on banks/brokerages. from 2.00 pm to 4.00 pm
For ICICIDirect bids can be cancelled till 3.00pm