Endurance Technologies IPO expected to open on 5th October 2016 @ price band of Rs. 490-495Endurance Technologies is now expected to come with Initial public offer from 5th October 2016 to 7th October 2016 @ the price band of Rs. 490 to 495( tentative)
May kindly see the post259. Mukesh Yadav Sep 27, 2016 11:02:43 AM IST | I Like It. 1 | Report Abuse Reply Sir, I have applied for HPL IPO @ 175 and today i.e. 27 Sep through RBL bank ASBA I have updated my application to cut off price. Bank update my application succesfully and blocked new amount i.e. Rs 14140. Is there any chance of allotment. Have you included such applications in the calculation.There may be many like this
Why we (retail) dependent on QIB and NII subscription? If they are highly subscribed then retail think to subscribe to the issue. Just asking as I am not aware of IPO process.
Sbi closed asba option by 1400 he''s where as axis allowed it...don''t know whether it will be approved or not....as it says sent for corporate approval
yes SBI closed exactly at 14hrs despite of the fact that the website of SBI was badly down yesterday due to some technical problems whereas some banks like RBL accepted the applications even today as per the post 259 above
Because there is a back end process of uploading all the data to the exchange successfully in batch processes. They keep a buffer time of 2-3 Hours so that if there''s any technical issue they can rectify it before the bid timing is closed by 5PM. That is why they put cut off time as 2PM or 3PM. If they allow till 5 PM then the Bank''s tech people might need to work overtime till 7-8 PM which they do not want. But I agree Banks should allow upto 5PM online ASBA submission because now a days HNI are applying very late mostly after banks cut off time. Is this a trick to put retailers in dark, I don''t know :)
Hello MadMax, Good Question, Retailer are NOT getting chances to apply IPO (online) after 2 or 3 PM on the last Day. Lets we collect information about the list of bank''s or Broker''s, who allows retail investor to apply till 5.00 PM on the last day of IPO thru ONLINE... in My list 1) HDFC SEC allows upto 5.00PM on the last day of IPO (ASBA) 2) ....
requesting all to share the information you have , so that we retailer can be in win win situations... thanks
The initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade on the last day of the bidding today. The IPO received bids for 1,53,74,240 shares as against the total issue size of 1,44,40,001, translating into a subscription of 1.06 times till 1300 hours, latest data available with NSE showed. The quota reserved for qualified institutional buyers (QIBs) was subscribed 36 per cent while the portion for retail investors got subscribed 1.05 times. HPL Electric has already mopped up Rs 108 crore from anchor investors by selling shares at Rs 202 apiece.
QIB and HNI are pure Game changers... Till Lunch this IPO like slower than a Snail Now just shoopting up n up n up... All the best for all.. what next guys???