Indian Energy Exchange Ltd IPO Message Board (Page 25)

I have made 3 appl...lets see

public bhaag raha hai....hahahahah

QIB too fully subscribed.

Total 1.27 times

Indian Energy Exchange Ltd IPO:
Subscription figures(BSE+NSE) @2:30PM:-
QIB - 1.09X (finally fully subscribed)
HNI/NII - 0.21X
RII - 1.8X (peoples withdrawing appl.)
Total - 1.22X
*excluding anchor.
Very bad figures.
From first day itself i am saying to avoid this. It''''s my personal view.

Qualified Institutional Buyers(QIBs) ------------ 1.09x
Non Institutional Investors ----------------------- 0.21x
Retail Individual Investors(RIIs) ----------------- 1.80x
Total ------------------------------------------------- 1.22x

QIB & RII category fully subscribed

Its Monopoly company. Its a no brainer. Must have stock in your portfolio. Its just like CDSL, a Monopoly business

But If there is very less possibility of listing gains. Then why should investors buy at this price. We might as prefer to buy from secondary market at discount!

Ha ha.. CDSL only IPO fancy, Repository business its only service nothing high growth in this type of business....

QIB 1.09X
NII 0.21X
RII 1.79X

Overall 1.22X

They have board that also chair companies like Tata Steel, Tata Communication, Larsen, PVR, Dalmia Group, REC etc. Albeit the rights may be pursuant to their share holding arrangement but it enhances trust in the company that it is run by such professionals.

Surprised by such subscription figures.

Aditya Birla PE, Multiples PE sold IEX shares just ahead of IPO launch
becoz this news many applicant reject their application including me...becoz as per profit analysis the price is overvalued
my step to back out is right ??

Aditya Birla PE sold shares at a price of Rs1,582.6, while the Multiples PE has entered the share sale agreements at Rs1,617 per share (so avg price is around 1600). The shares will be subject to a one-year lock-in period (as there is a lock in, the purchasers would like tpo have some discount).
As the IPO is at 1650 and the shares sold above with lock in are at 1600, both prices are comparable..

If Non Institutional Investors portion does not get 0.5x subscription then will the issue be cancelled?

QIB Portion not NII

Retailers are wise then qib hni

Qualified Institutional Buyers(QIBs) ------------ 0.70x
Non Institutional Investors ----------------------- 0.21x
Retail Individual Investors(RIIs) ----------------- 1.76x
Total ------------------------------------------------- 1.04x

QIB       NII       RII      
0.5864      0.1684      1.1766      
0.07       0.04       0.57      
0.6564      0.2084      1.7466      
Total: 2.6114X

Dear DSR sir, you miscalculated the total subscription %

Total subscription is 1.01X as of now.
0.26(NSE) + 0.75(BSE) = 1.01X

Please don''t post wrong comments.

total can be seen here :

https://nseindia.com/marketinfo/ipochart/ipochart.jsp?issue=IEXCUMUEQ&ir=I&cn=C&sd=D&cnlink=N

Initially they allocated 18,19,501 shares @1650 to 23 als on October 6 and than on October 10 they revised this and allocated 7,89,120 to 11 als and the reason behind this not mentioned.

The message on BSE site is as below:

This is in continuation of the Exchange Notice No. 20171006-45 dated October 06, 2013 regarding Allocation to Anchor Investors in the captioned Issue. In this regard, Trading Members of the Exchange are hereby informed that the allocation to Anchor Investors has been revised pursuant to the corrigendum issued by the Company dated October 10, 2017. As per the revised allocation, 11 Als have subscribed to 7,89,120 equity shares at Rs. 1,650/- per equity share. A copy of the Revise Announcement dated October 10, 2017 and Corrigendum Notice issued by the Company in this regard is enclosed herewith for your reference.

Is something cooking?

The backed our Anchors are Nomura, Db International, Small cap world, East spring, NAtional Westminster Bank. There cited the reason that as FPI they are not eligible to participate in the issue.

Dear Ankur Sir, Thanks for the update.

Kostak 400/-

I had applied in 2 different PANs through Indusind and Yesbank. I could not withdraw from Indusind and Yesbank. So I applied at lower bid for the same PANs in SBI and Axis. Will all 4 be allocated or rejected due to multiple applications for the same PANs. Experts kindly advice.

Qualified Institutional Buyers(QIBs) ------------ 0.65x
Non Institutional Investors ----------------------- 0.20x
Retail Individual Investors(RIIs) ----------------- 1.74x
Total ------------------------------------------------- 1.01x

ISSUE FULLY SUBSCRIBED

Seems the QIB applications have suddenly jumped from 0.22x to 0.65x..

IPO finally got fully subscribed.

CA Vallabh Roopchand Bhansali is independent director of this company
He was co-founder of Enam Financial
He is well know guru of financial market