HARIBABU & CHANDRA PRAKASH 1 ST CO WILL CHECK ALL THE BIDS INCLUDING QIB'S. IF MORE THEN 75 % BID IS BELOW CUTOFF PRICE THEN IT WILL BE PRICED AT THAT PARTICULAR PRICE AVG.
BUT IF IN N E CASE MORE BIDS ARE THERE AT CUTOFF THEN IT WILL BE PRICED AT HIGHER BAND. THE APPLICATIONS WITH LOWER BIDS WILL BE REJECTED.
Hi All, Please Stop appliying in the last moment.By Seeing the Subscription rate,i think who ever applied the chance of getting will be very low.Think otherwise the money will be blocked for 3 weeks.I am worrying for applying to this issue
I also have same doubt. If retail oversubscribed 3 times but bid at higher end only 1 times and company decided to fix price at higher end then what will happen ?
Hi All,Please Clarify my doubt. If the Overall retail Subscription is 2 times,but the bids applied at Cut off rate is 1times only.Then what is the probability of mine if i had applied at the Cut off price