Category No.of Shares Offered/reserved at No.of shares bid for No.of Times Subscribed Lower Band Upper Band Lower Band Upper Band Qualified Institutional Buyers(QIBs)* 34,33,647 34,22,405 0 0 0 Non Institutional Investors 26,11,027 25,66,667 5,15,955 0.2 0.2 Retail Individual Investors(RIIs) 60,92,396 59,88,889 1,05,00,545 1.72 1.75 Total 1,21,37,070 1,19,77,961 1,10,16,500 0.91 0.92 *Excluding Anchor Total No.of Application Approx : ~ 171634 Retail Subscription on the basis of Apps : 1.58 x
142. P M| Link| Bookmark|
February 28, 2018 12:23:11 PM
(1100+ Posts, 1100+ Likes)
132.4. Hari ji| Link| Bookmark|
February 27, 2018 6:52:31 PM
Top Contributor (400+ Posts, 400+ Likes)
@ajaykmali How its possible apply online up to 5 pm in retail category?
132.5. KING VINOD| Link| Bookmark|
February 28, 2018 10:54:43 AM
IPO Guru (2400+ Posts, 5300+ Likes)
@ Hari Ji I will wait & see number till 2:40 and take decision based on numbers i apply through Axis Bank or Bank of Baroda both banks accept applications till 3pm
131. KING VINOD| Link| Bookmark|
February 28, 2018 10:34:56 AM
IPO Guru (2400+ Posts, 5300+ Likes)
H.G. Infra Engineering Limited IPO Subscription Figures as on Last Day @ 11:30 PM QIB (NSE+BSE) = 0.00X + 0.00X = 0.00X. HNI (NSE+BSE) = 0.02X + 0.09X = 0.11X. RII (NSE+BSE) = 0.34X + 1.01X = 1.35X. Total (NSE+BSE) = 0.18X + 0.52X = 0.70X.
Very Poor Numbers
130. dpcdsl| Link| Bookmark|
February 28, 2018 10:26:38 AM
Top Contributor (400+ Posts, 200+ Likes)
If QIB portion is not fully subscribed, firstly closing date shall be extended and then issue shall be called back.
I always follow the subscription figure. In last year for some ipo every one said not apply but I have applied after looking subscription and I get some gain. like HDFC Life , Galaxy Surfact, New gen, I am always apply to last day.you can get subscription figure in google by search IPO Live subscription
success ratio of apply by subscription figure is 90%. correct group member if i am wrong.
High subscription figures do make a difference as it is a game of demand and supply. But several exceptions are there which may be due to bad decision or bad understanding of companies by retailers. Also people have made most of the money in these type of IPOs only due to large allotment and good listing gains.