Hi All I''m new to this site I find very useful comments about IPO My Third IPO is Inox (Ortel was first Loss) Hope will get listing High to cover Ortel When will Adlabs listing ?
Apply only for good IPO''s. Who told you to apply for Ortel?? Adlabs likely to list on 1st at par, if they adhere by the timeline they proposed in prospectus, which is 27th but as issue closing was extended we should expect three days delay i.e., 1st April and hope it doesn''t turn out april fool for investors of Adlabs.
For Inox there seems 4 lakhs Applicants & only 2.50 lakh can get it. So, goodluck if you get allocated.
As per prospectus Allotment is not on 1st but shares will be credited to Demat on 1st. We should see ASBA unblocking tomorrow onwards.
This is from Page #409 of Prospectus.
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
Allotment. Tomorrow as per link intime... Poor service registrar and pray today for allotment inox 100% listing above 475 .. .. Enjoy .. Inox ..... No April fool concept... 475 means 475 pakkkaaa .... Money honey money .... Nw wait for allotment ratio 21:43 as link intime
Allotment ratio will be close to 25:40 if we go by reports. Link Intime is the best one in India I believe. As per page #409 of prospectus today it will be finalized and that means we are likely to know tomorrow.