Dear all is it really registrar or ipo runner specific ? Ideally company should allocate on FIFO basis it Means shares are alloted to them who have kept faith in them.
MGL IPO basis of allotment - expected to be completed late tonight. Please visit this site post 4 a.m. for the update. MGL IPO basis of allotment - expected to be completed late tonight. Please visit this site post 4 a.m. for the update.
Although the registrar, LinkinTime is no doubt below par and incompetent, this time some high court is the troublemaker. They ordered Linkintime to include the rejected bids of Indusind, which sombdy in d Indusind team had punched in incorrectly.
don''t know whether this is correct forum to post or not but thankful if any one can guide should we offer our holding in Wipro for buy back @625 against current mkt price of 550 -555 or should wait.
its better to sale in buyback @650 rather than holding it.
you can re-enter at lower levels on dips.... wipro is not a portfolio type stock, hardly any momentum in that stock, not for trading or making quick bucks.
The RII quota was subscribed at 3.92 times. The case related to axis for 1.71 Crore shares has gone into retail category instead of QIB, in such a case the RII subscription figure should reduce by this 1.71 crore share I think. If so then the actual RII subscription is only 1.93 times instead of 3.92. What do you think?
Does not make any difference as allotment is based on number of application bases not on number shares applied FOR TOTAL NUMBER OF SHARES APPLIED so N does not change by much in this case ONE APPLICATION........
I remember a big fools advised to avoid infibeam giving fair value 300 , also advisesd to avoid parag milk said fair value 170 , both are rocking while advised to buy thyrocare at 650 , now is 550 , same fools had said fair value of narayana 35 rs
True.I posted that Parag will outperform Thyrocare in long run.Infibeam will cross 4 digits,they are going to induct strategic PE investor. Ujjivan good gains post listing, Thyrocare will ultimately quote below issue price by diwali, made low of 524 from 650. Its sell on rise stock,distribution pattern seen.