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Idea Cellular Limited IPO Message Board (Page 28)

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56. Sundaram.J.S. |   Link |  Bookmark | February 16, 2007 5:26:38 AM
Status at 5pm:
Total subscription stands at 32.57 times
Retail subscription approximately at 2 times
55. vikas jain |   Link |  Bookmark | February 16, 2007 4:49:19 AM
i think by the close of day, the final subscription would be 50 times. Retail 3 times.

Don't forget that IDea has can exercise Green shoe option then the final subscription figures could be 40 times and retail 2 - 2.5 times.

But still it is worth having this stock in the portfolio
54. Nirav |   Link |  Bookmark | February 16, 2007 4:44:48 AM
Idea is a very huge IPO. And it's good that it subscribed over 30 times. Don't compare it with Cairn.
53. Sundaram.J.S. |   Link |  Bookmark | February 16, 2007 4:28:54 AM
Hi Ratan Parkash Taparia,
I totally agree with your thoughts. Even I lost enormously in CAIRN.To the best of my knowledge there was nothing in the table left for the investors.The Lead Managers did a excellent job by getting it subscribe by 1.1 times.
Now I think SEBI can't do anything on these matters bcos at the end of the day it is the investors especially the retail investor who has to be careful or rather should I say very very careful while investing his hard earned money...
Please do a through analysis of the issue before you invest in these sought of issues....

Regards,
Sundaram.J.S.
52. MANAV |   Link |  Bookmark | February 16, 2007 4:28:29 AM
IDEA Cellular IPO oversubscribed 31 times
2007-02-15 15:45:42 Source : Moneycontrol.com
51. Sundaram.J.S. |   Link |  Bookmark | February 16, 2007 4:22:02 AM
Hi Harsh,
If you have applied for 810 shares & lets assume that the issue is oversubscribed by 9 times in the retail segment, then you would get 90 shares, if the allotment is done proportaionally.

Regards,
Sundaram.J.S.
50. dharmesh |   Link |  Bookmark | February 16, 2007 4:08:07 AM
idea might subscribe 7-8 times in retail..as closing figure out 9 pm today...don't worry retail invetor you will get at least 25% listing gains...good for medium to long term also.
49. Ratan Parkash Taparia |   Link |  Bookmark | February 16, 2007 4:01:37 AM
I could not understand what to do with IPO’s. There was firm allotment in Cairn India Limited and House of Pearl Fashion Limited.
More than expected loss in both the IPO’s. I don’t understand what SEBI and registrar are doing with pricing of IPO’s. They should think about retail investors also. So that retailers can also invest in market. Otherwise we have lost so much money in both the IPO's as we have to sold on the listing day.
Thanks
Ratan786@indiatimes.com
48. Harsh |   Link |  Bookmark | February 16, 2007 3:40:50 AM
Hi Mr. Sundaram,
I have came to know from moneycontrol.com that retail subscription is about 1.5.
how many units might be allocated to me if i have applied for 810 shares at cut off prices???
47. Sundaram.J.S. |   Link |  Bookmark | February 16, 2007 2:59:18 AM
I don't know of any official website to confirm the retail subscription.But If my calculations & assumptions are correct it works out to be approximately 1.2-1.3 times, which is not very impressive for a telecom sector considered to be a booming sector run by a big business house.
The total subscription at 3pm is 26.75 times.
So all those who have invested keep your fingers crossed.
46. Sundaram.J.S. |   Link |  Bookmark | February 16, 2007 2:51:36 AM
what is the retail oversubscription & what is the grey market premium?
45. Sanjay |   Link |  Bookmark | February 16, 2007 2:44:33 AM
IDEA Cellular Ltd. IPO oversubscribed 25 times till 3.00 PM
44. Raghu |   Link |  Bookmark | February 16, 2007 2:35:25 AM
IDEA Cellular IPO oversubscribed 15 times till 2.00 PM
43. LALIT |   Link |  Bookmark | February 16, 2007 2:24:02 AM
Harsh/Anyone
Whoever will apply for more than 2 times will get sure alottment...
on safer side apply for 3 times...i have applied 720qty...i know that it will give return...never worried about grey/blue market...:)
If company is good no need to worry..
42. Harsh |   Link |  Bookmark | February 16, 2007 2:01:39 AM
Hi Lalit,
I have applied for 810 shares at cut off price. what do u think are my chances of allocation?
41. LALIT |   Link |  Bookmark | February 16, 2007 1:53:28 AM
i know everybody is worried about this IPO....
but overall company is good & having good market share...subscription is low in retail for two reasons...
1)So many IPO hitting market in same time so retail money is shortage.
2)Market crash in last 3 days everybody is cautious.

So Don't feel sad when it will hit the market and others will get good premium for this IPO..Time is there still apply for this IPO...:)
40. gaurav |   Link |  Bookmark | February 15, 2007 1:30:12 PM
grey market premium is around 15 rs ... according to information that i have collected through various newspapers.... that makes it around 16% premium .. enjoy folks and i may remind u that it is NOT A FULL PROOF
39. Arun |   Link |  Bookmark | February 15, 2007 11:12:44 AM
Will list below the issue price.Bharti is the leader in telecom with P.E of 39 and idea is third in market share and is commanding a P.E of 43.Best to be avoided.Very Expensive.
38. john |   Link |  Bookmark | February 15, 2007 10:35:10 AM
i think it will do well
37. Sachin Patel |   Link |  Bookmark | February 15, 2007 9:10:25 AM
Hi, Mr Himanshu From where are you taking Grey Market Rate, and What is Grey Market Rate ?