Let''s wait for 6th April when it''s likely to be listed and see the listing price. There won''t be much numbers coming before that date from Q4 and hence unlikely to affect the numbers a lot.
secondary market hardly impact IPO listing. I would never understand your logic...Looks you are always pessimistic in your approach creating panic in this board.
Wrong ... 4:5. Dear not all have applied for min. Lot many applied for 2lac application enjoy....even employees share will be alloted also 5% application rejected due to any reason say cheque bounce from demat no. Etc....so fair chance to get allotment
How do people know out of 16 applicants 10 will get? Where is the number of applicants? There will be some rejected becaprice fixed at 325 and then rejection for other reasons too.
But Dear some are saying that only 2.5 lakh applicants will get allotment against 4 lakh who have applid....In this way 10:16 ratio comes which reduces the allotment probality..can u plz clear this?
if no. of application figure is correct than no one will get firm allotment.. allotment of 45 share will be done by lottery method in ration of approx 10 to 16...
The number of applicants can be anywhere between 38441 and 538161. A maximum of 249874 RII applicants can get allotment. Now if the applicants is below 249874 then all will get confirm allotment. Those who are posting application numbers should post the authentic sources as well.
Even employees unsubscribed quota will allocated to retailers so fair chance allotment 400 lisiting quite achievable so 100 rs*45 = 4500 handsome return if one gets allotment
Bid/Issue Closing Date Friday, March 20, 2015 Finalisation of Basis of Allotment with the Designated Stock Exchange On or about Monday, March 30, 2015 Initiation of refunds/ un-blocking of ASBA Accounts On or about Tuesday, March 31, 2015 Credit of Equity Shares to demat accounts of Allottees On or about Wednesday, April 1, 2015 Commencement of trading of the Equity Shares on the Stock Exchanges On or about Monday, April 6, 2015
Arpit Agarwal: As per SEBI Rules all RII will get one lot and then allocation on prorata basis. If the issue is oversubscribed by many times then allocation based on lottery. I believe here we are likely to get one lot as application in RII category can be in the range of 1 to 14 lots.
Can you please let us know as to from where one gets the details of number of applications made?? Shares bid from retailers is shown in NSE and BSE, but number of applications?? Please enlighten for he benefit of newcomers