*Subscription at 11 AM on 1st Day : Qualified Institutional Buyers (QIBs) 1.0465 Times Non Institutional Investors(NII) 2.0774 Times Retail Individual Investors (RIIs) 0.1593 Times Employee Reserved 0 Reservation PortionShareholder 0 Total 1.0182 Times
Correct me if I am wrong Qib 10℅ Hni 40℅ Retail 50℅ Now on listing day Most HNI trying to sell So does the retailer Suppress price to go higher M I wrong??
Dear Harit, SME stock style allocation. In Sme stocks Retail 50% Balance 50% to Qib and Hni. Below 250 crore issue, so it will list in T group. Circuit filter is 5%. First day itself Qib subscribed one time and Hni 2 times. It seems Hni will operate this counter. If Hni subscribes above 50 times then we can go for this stock for listing gain. Harit in stock market no one can predict what will happen after listing. It may go like Apex, dilip buildcon, and shankara or it may go down like Cl educate, S.Chand (50 times Qib subscribed).
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March 17, 2018 11:26:45 AM
IPO Guru (1800+ Posts, 10200+ Likes)
You can use this NSE link to tracking IPOs. Open the respective IPO and you will see subscription figure. https://nseindia.com/products/content/equities/ipos/homepage_ipo.htm
Bid Details for KARDA as on 16-Mar-2018 12:25:00 IST Sr. No Category No of Shares offered/Reserved No of shares bid for No of times of total meant for the category 1 Qualified Institutional Buyers(QIBs) 4,30,000 0 0.00 1(a) Foreign Institutional Investors(FIIs) 0 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 1(c) Mutual funds 0 1(d) Others 0 2 Non Institutional Investors 17,20,000 57,040 0.03 2(a) Corporates 0 2(b) Individuals(Other than RIIs) 57,040 2(c) others 0 3 Retail Individual Investors(RIIs) 21,50,000 29,040 0.01 3(a) Cut Off 21,440 3(b) Price bids 7,600 Total 43,00,000 86,080 0.02