*IndoStar Capital Finance* *FINAL DAY SUBS.FIGURE AT 4:00 P.M.* QIB 16.05X** NII 6.92X RII 1.12X TOTAL 6.63X **Excluding Anchor Total No.of FORMS : 4,33,799 *Apps Wise : 1.00X*
In last 2 years none of the bank/financial company ipo going negative.. It delivered 20%kind of return on day 1..Names like Bandhan, Albany, MAS, RBL, ujjaval, equity etc.. That's future of financial institutions.. Go ahead with blind folds.
279. R R Patel| Link| Bookmark|
May 11, 2018 4:44:28 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Indostar Capital Finance Ltd. IPO Subscription figures (BSE+NSE) on last day @3:40 pm: QIB - 15.95X HNI - 2.92X Retail - 1.06X (app. wise 0.94X) Total - 5.71X Figures not so bad as expected. Total 4,34,547 lots of 26 shares each are available for allotment in retail category so full chances of getting one lot per application atleast. 99% chances of positive listing i.e it may give approx 10% listing gain. I have applied single lot.
At 3.35 PM Qualified Institutional Buyers (QIBs) 14.6164 Non Institutional Investors(NII) 2.2396 Retail Individual Investors (RIIs) 1.048 Total 5.1651 Times