Inox Wind Limited IPO Message Board (Page 14)

Thanks sir
Can I separately apply for any IPO in my name as well.as my minor daughter''s name
Means can I made two applications
If allotted in both can I trade through my account
The income from daughters dmat will be in her name or will be added in my income?
??

Yes. You can separately apply in daughter''s name but you have to transfer shares ( if allotted ) in name of daughter in your account and any capital gain, if any, will be add in father income and tax liability, if any, will be also on father

Can I open a DMAT account in the name of my 13yr old daughter(minor) . I have already dmat account
Please tell me legal opinion .
Experts pl!!

Demat account can be open in minor name but not trading account. Only thing is that minor can not be sign in demat form on gaurdien can sing on behalf of minor and all the require document will be of parents

Any idea as to which date the allotment would be declared.

7working days from close of issue

This is from Page No 409 of DRHP.

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.

retail no of applications 360000/ till 4 pm

At 6 pm:
OVerall subscription: 18.57 times
Retail around 2 times.


Total Issue Size      2,32,01,121
Total Bids Received      43,08,60,915
Total Bids Received at Cut-off Price      2,22,49,440
No. of times issue is subscribed      18.57
Graph Logic

QIB 35.7 x (including FII 20.9x)
HNI 35.4 X
Retail 2.06 x
Total 18.56x
as on 5.45 PM

Latest update
Retail is 2.67

FALSE! Total subscription under both NSE & BSE combined is 2.0625 times.

ready to fill ur pockets if it allocate to u...

Mind Boggling Subscribed:INOX WIND
Total Issue Size 2,32,01,121
Total Bids Received 42,85,44,540
Total Bids Received at Cut-off Price 1,99,46,475
No. of times issue is subscribed 18.47

what abt partent company guj flourochem?

Inox Wind IPO to unlock value for Gujarat Fluorochemicals which owns 75 per cent in the company

Read more at:
http://economictimes.indiatimes.com/articleshow/46510082.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

What happened to Snowman''s parent?? Snowman didn''t unlock a lot of value for Gateway. ET might have got some vested interested in that.

no... only 45 shares alloted to every1.... who so ever applied in any quantity..... and there will be no confirm allotment

If it subcribed 20times grey market premium will cross will above 200? Pl suggest about allocations?

Anyone suggest based on subcriptions whats impact for partent guj flourochem on monday?

Highest demand in recent IPOs..

This should list 400+

I also feel it will easily list above 400 with the kind of demand.

Me grey market me work Karna chahta hu any body person pls contact I have lots of big circle 9099131232

Now people should see the Grey Market premium. I guess it may touch 100-120 easily looking at the QIB & NII subscription.

What''s is a new gray market preiemiem and kostak rate pls.....

1:2 (one in every 2 applicant) will get shares

If retail is 2 times oversubscribed, then there is confirmed allotment for every retail application (becathe actual number of application will be less as many apply for mutliple lot)

And those retailers who have applied for more share than minimum number of lots, they will get more shares in proportionate of the share left.

This is quite weird that a share which is heavily subscribed by QIB/ HNI is having very average subscription by Retail.

I just applied for minimum lot thinking it will be oversubscribed multiple times and so no of apply more than minimum lot.

Vikash: The reason is one there are many share offered to RII (35% of such a big issue) and some RII burnt their fingers at Monte Carlo, Ortel etc. It''s good for more people are likely to get allotment.

Mudit Chopra: Don''t call me sir. I feel I am young and a newbie. RII allocation rule as per SEBI is minimum one lot and then pro rata allocation if available. If minimum one lot is not possible then draw (lottery) of lots will decide allotment. Pretty high chances of allotment as subscription is only two times but in a high bid scenerio it''s useless to bid more than 1 lot.

Means Retail mei sab ko share milne ka chance hai ? any one confirm.
Like 2 times subscribe hua hai so may be sub ko milege share.. ?

The SEBI rule is one lot at least to each subscriber and then if there are more shares left then go for pro rata allocations based on subscription. On the other hand if the subscription is way to high then few will get 1 lot max through lottery like it happened with Wonderla.

QIB 35.7 x (including FII 20.9x)
HNI 35.4 X
Retail 1.95 x
Total 18.5x
as on 4.30 PM
I think, now online application has been closed and you will now see only increase in Retail Physical applications.
This is probably the final Data.

Hope to get good allocation. Physical will be pretty less and this is almost the final figure I guess.

At 4 PM:
Issue subscribed a whooping 18 times Unbelievable!!!!

Total Issue Size      2,32,01,121
Total Bids Received      42,85,44,540
Total Bids Received at Cut-off Price      1,99,46,475
No. of times issue is subscribed      18.47
Graph Logic