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....
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.
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.
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
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???
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.
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..
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...:)
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
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.