If all lots are eligible, it will be when the price is lower than your min price say at 320. Then you will get whatever at 320 (discovered price) and not the higher price you bid at.
Tell me one thing, if I apply under shareholder- either less than 2 lac or more than 2 lac, allotment will be proportionate to overall shareholder subscription only na in both the cases?
forget about gmp its a huge discount to issue price.
price discovery would be at around 310 rs on listing day and will close day at 290 rs.
that is reason people are writing comments to subscribe as they know people are withdrawing from this one and no interest if there on all categories
its simple there is more risk on downside than upside. it is high probability it should reach at 20 to 25 pc discount to this price to make issue attractive