IRB InvIT Fund IPO Message Board (Page 10)

even i had the same worry with ASBA for this IPO, upon checking with broker and banks they assured by end of day funds will be locked and even my funds got locked in SBI in afternoon itself while for another application in hdfc its still not locked,

so dont worry guys if your applications are in order everything will be fine, but yes offline applying is little slow as compared to online ASBA.

hoping fr good allocation and great listing of IRB Invit !!!!

I just heard from someone if we are allotted more than 5000 units then we can sell only 5000 units the rest of the units can only be sold after 3 months. Is this true? I doubt the validity of this statement but always better to get it confirmed.

Not talking about allotment.
Asking about selling of units as they will be traded in 5000 units.

Yes, trading lot is of 5000 qty.. If alloted 10,000 units, one can sell 5000 units twice.. No lock-in... No restrictions.

EagleEye
What is your estimate listing price of IRB invit

HAVE APPLIED THROUGH BROKER AGENCIES BUT AMOUNT STILL NOT BLOCK FROM MY SAVING ACCOUNT CAN ANY ONE SUGGEST HOW CAN I CHECK WHETHER MY APPLICATION IS DONE OR NOT

BANK HDFC

What is the GMP now? After the closure of Issue, no quotes are given. why?

I HAVE APPLIED THROUGH BROKER AGENCIES BUT AMOUNT STILL NOT BLOCK FROM MY SAVING ACCOUNT CAN ANY ONE SUGGEST HOW CAN I CHECK WHETHER MY APPLICATION IS DONE OR NOT

Always apply through bank ASBA. Open SB account with Yes Bank/SBI and many more banks and apply online. The amount will be blocked then and there. No worry at all.

NIfty report weekly

http://pdtechnicals.blogspot.in/2017/05/nifty-weekly-technical-update-as-on_8.html

IRB 8-8.5 , S chand - 90-92 Zota 15 RS

Latest GMP PLZ
AND KOSTAK

6.5 - 7.0

7.5 - 8.0

I have applied through broker agencies but amount still not blocked in my bank account can any one suggest how to know whether my application is done or not

Contact your Broker and check Bank Acknowledgement slip with them

IRB InvIT Fund
Kostak 14,000
Subject 2 - 60,000

Indicative TimeTable for IRB
Finalisation of Basis of Allotment - 12/05/2017
Refunds / Unblocking ASBA Fund - 15/05/2017
Allotment of Units -16/05/2017
Trading commences - 23/05/2017

I want to sell my 3 application costak at 40000

I WILL BUY 5000 RS... PER APPLICATION ...

Good Morning Guys, I want to sell two applications in Grey Market or wherever.
Please let me know the buying rates ...

Application money was blocked in my sbi a/c.
Anybody have an idea about allotment & listing date ?

i had also given sbi asba but amount is still not blocked... but i had to apply offline via broker as in online this IPO didnt show....
not sure how can track when my amount will blocked.

I APPLIED 6 LOT, HOW MUCH INCOME IN LISTING GAIN, PLEASEINFORM

Hello ,
its depend that how much application you will allotted , if out of 1 application allotted ,its seen that you get near about 50 thousand minimum ,and as per GMP price 8/9 ,than can get around 80 Thousand . Good luck ,, as ratio is 6;1

thanks,

New Delhi: Anil Ambani Group flagship Reliance Infrastructure Ltd has filed fresh papers with markets regulator Securities and Exchange Board of India (Sebi) for its proposed InvIT Fund initial public offer (IPO), reducing the issue size to Rs2,500 crore from Rs3,000 crore earlier.

The IPO comprises “units aggregating to Rs2,500 crore with an option to retain over subscription of up to 25% of the issue size in accordance with the InvIT Regulations”, as per the revised draft paper.

Last December, Reliance Infrastructure had filed draft papers with Sebi to garner Rs3,000 crore through an infrastructure investment trust (InvIT).

InvIT are debt instruments which can be traded in the market and can act as investment vehicles for the sponsors. Listing of instruments enables promoters to monetise completed assets and raise funds for other long-term projects.

Reliance Infrastructure will be the sponsor of InvIT Fund and Reliance Nippon Life AMC will be its investment manager. The issue is being managed by Axis Capital, DSP Merrill Lynch, UBS Securities, SBI Capital Markets and Yes Securities.

So far, only IRB Infrastructure Developers’ infrastructure investment trust—IRB InvIT Fund—has hit the market for an IPO. It is aiming to raise more than Rs5,000 crore through the issue.

Reliance Group companies have sued HT Media Ltd, Mint’s publisher, and nine others in the Bombay High court over a 2 October 2014 front-page story that they have disputed. HT Media is contesting the case.

There are three things I would like to point out.
There is an option to retain 25% oversubscription.
Hence 5.89 in other category, can become 4.71 times.
Secondly, allotment should be in a minimum bid lot of 5000 units.
Further, there could be some people who may have bidded at les than 102.
Those people will automatically not get it if the category is subscribed at 102.
But my guess is that only abt 5-10% ppl will fall in this category.
Then some applications will be rejected as well.
I also checked up the offer document but could not find that any priority will be given to those bidding in minimum appl size over those who have bid higher.
So, on these assumptions, the allotment should be at about one unit for every 4 to 4.5 applied.
Since min allotment has to be in multipls of 5000 units, there is a very good chance of one out of two appl getting 5000 units each and 2 out of 5 getting 5000 unit each is almost certain.

As far as I understand allotment will be minimum bid lot for each allotee decided through lottery in case of oversubscription which is 10000 units in this issue. So ur assumption of 5000 units is wrong.

I checked up the documents and based on my analysis of min bid lot, i think it implies 5000 units only.
The reason why i say is the appl size min was specified at 10 lac, but min bid lot was to be announced min 5 days before opening.
The link posted on nse website specifies bid lot at 5000 units.

But you may as well be right. I have no info from horse''s mouth.

I applied @101. Is there any chance to get allotment or will it be only for those who applied @102