Indian Energy Exchange Ltd IPO Message Board (Page 24)

Latest Subscription figures(BSE+NSE) ....?

Plzzzzzzzzzzzzzzzzzzzzzzzz post

Indian Energy Exchange IPO Hits Regulatory Glitch - Source: BloombergQuint

Indian Energy Exchange Ltd.’s fundraise from anchor investors declined by more than half to Rs 130 crore after India’s largest power trading platform revised the pre-IPO allotment amid confusion over foreign investment norms.

Some of the custodians of foreign investors objected to the interpretation of regulatory norms regarding their investment, Satyanarayan Goel, managing director and chief executive officer at IEX, told BloombergQuint over the phone. IEX is awaiting clarification from the Securities and Exchange Board of India, Goel said.

Anchor investors are large institutions that are allotted shares ahead of an initial public offering to boost demand. Their share is part of the portion set aside for qualified institutional buyers. In case of IEX, half of its Rs 1,000-crore initial public offering was set aside for QIBs. And 60 percent of the QIB share was to be allotted to anchor investors.

IEX allocated about 18.20 lakh shares at Rs 1,650 each to anchor investors to raise Rs 300 crore on October 6, its exchange filing showed. Due to the regulatory confusion, the company revised the allocation to about 7.9 lakh shares at Rs 1,650 each totalling Rs 130 crore, according to another notification to the exchanges.

The company shifted Rs 170 crore from anchor allocation to QIBs, whose share now stands at Rs 370 crore, Goel said.

The power exchange’s IPO was subscribed 102 percent by 2:15 p.m. on the final day of the issue. Its shareholders, including private equity investors and Tata Power Ltd., are looking to raise Rs 1,000 crore by selling 20 percent stake. “We are confident the initial public offering will be oversubscribed,” Goel said.

Source: BloombergQuint

to ab QIBs ka qot kitna hogya

Dear ShareKing Sir,

Thank you so much for sharing this article. So that means QIB quota gets 1030303(170 crore divided by 1650) more shares So total QIB quota would be 22,43,383 + 1030303 = 32,73,686.

Qualified Institutional Buyers(QIBs) ------------ 1.43x
Non Institutional Investors ----------------------- 0.25x
Retail Individual Investors(RIIs) ----------------- 1.94x
Total ------------------------------------------------- 1.43x

Many of applications will get rejected also who are praying.

what do you guys suggest....should i apply or not?
considering there is no shortage of funds......can it go down also on listing day below subscription price....?

*Indian Energy Exchange Limited*

FINAL DAY SUBS.FIGURE AT 03:11 pm
QIB 1.43X*
NII 0.38X
RII 2.00X
TOTAL 1.48X
*Excluding Anchor

Total No.of FORMS : 364754
*Apps Wise : 1.55X*

Qualified Institutional Buyers(QIBs) ------------ 1.43x
Non Institutional Investors ----------------------- 0.38x
Retail Individual Investors(RIIs) ----------------- 2.00x
Total ------------------------------------------------- 1.48x

No Room for Listing gain .............
AVOID

Whether this issue will be withdrawn as HNI participation is low.

one lot...applied....

jinko ipo ka allotment nahi milta..for them its a golden opprtunity to make most of it as allotment will b given to all..and will gain rs 1000 per lot

applied with one lot. lets see what happens. company seems good with lot of growth potential

I suppose, he meant listing gain 1000

That would be great. i was surprised to see such low sub figures. Expected this to be a hit

Very Highly Priced
No Listing gain expected
AVOID

@ 02:40 PM

QIB - 1.41X
HNI - 0.25X
RI - 1.90X

Total - 1.41X

@AnupAgarwal, RIIs may be withdrawing but at same time more RIIs must be applying who were waiting to see if QIB portion is fully subscribed or not.

Agreed.. Let''s see the final numbers..

*Indian Energy Exchange Limited*

FINAL DAY SUBS.FIGURE AT 02:55 pm
QIB 1.43X*
NII 0.26X
RII 1.94X
TOTAL 1.43X
*Excluding Anchor

Total No.of FORMS : 353076
*Apps Wise : 1.50X*

entry marooo bhai log

@lokes, don''t go by these figures bcos these figures does not include applications which are withdrawn.

what is market trend in near week

Trend is Red due to idiot US-KOREA issues :(

inn ipo company ki valuation and share price kon dicide karata he ?

I cancelled my bid of 9 shares through HDFC bank. Amount is not unblocked till now. Any one may tell me when the bid amount will be unblocked. Thanks.

It should be done by today.. I had cancelled my bid in Axis Bank today morning and the amount has been unblocked..

I have applied 6 lots with different applications. Now, i am Confused whether to withdraw all my bids.

Withdrew 5 out of 6 applications

अपना दिमाग लगाओ,
यदि पहले कुछ कमाया है
तो रहने दो वर्ना वापस
नींद और चैन खराब न करो
भाग्य पर विश्वास करे

gambel sir''s today''s post not seen, he is very positive

Qualified Institutional Buyers(QIBs) ------------ 1.41x
Non Institutional Investors ----------------------- 0.25x
Retail Individual Investors(RIIs) ----------------- 1.91x
Total ------------------------------------------------- 1.41x