all who apply for 680 shares will get 40 shares as firm allotment it will list at 250 to 280 gray mkt.premium is 130 means 145+130 = 275 all the bestttttttt
all who apply for 680 shares will get 40 shares as firm allotment it will list at 250 to 280 gray mkt.premium is 130 means 145+130 = 275 all the bestttttttt
Hey Ajay - don't lose heart. The GMP has come down because of the current market situation. It has got nothing to do with Kolte-Patil's IPO subscription levels (which is actually much better than expected). I'm pretty sure that GMP will be around 150 by the time this issue lists in the market.
Retail subscription is 16.5772 but this includes price bids to the extent of 1.039 and these bids get rejected and allotment will be for thise who apply at cutoff. Hence for all calcuk=lation purposes of arriving at allotment ratio the data cosidered will be bids at cutoff which will be 16.5772-1.039=15.3872. Therefore subscription at cutoff is the important figure. All who have applied for 16 and 17 lots will get full allotment.
Excellent work-Swaroop and iporaja.Simply perfect.retail subscription rate has decreased sharply indicating near completion.Congratulations.Keep it up!