you should keep you wagging mouth shut instead. if you think it is misguiding then you should look up the meaning of the word provisional. then open your wagging stinking mouth. and talking about misguidance we will see when the allotment comes. so u do not misguide other people. and shut up big time.
this is to let u know that the calculation has been done on the same basis. and to let you know that it is 15 wokring days which does not include weekends. cheers and happy investing
Dear Mr K 61. I just would like to request you to do not misguide people by giving wrong information. As per the sebi guide line for any book building issue the registerer has to provide the allotment within 15 days from the date of the closure of the issue. Thus the allotment must be within 8th of December. As the issue was closed on 23rd November. If you do not know something better keep your mouth shut. But please do not provide wrong information, pleple are here to help each other not to misguide.
With little knowledge of IPO I am of the view that in case the QIB subscription is not very big on the first and even upto the last day, the IPO will not give much profits. Please correct me if I am wrong. In this issue QIB has not taken much interest so it may not give good return