Mahanagar Gas Limited IPO Message Board (Page 34)

Grey Mkt Prermium Rs 150/155

What is the latest GMP for MGL???

listing will be near 500/- but market condition should support too.

If Listing is only @Rs.500/- HNI allottees will make hugh losses

Mahanagar Gas Ltd.

Last Day Subscription Fig. @4:00pm.:
QIB* - 72.84×
HNI - 191.61×
RET - 6.23×
EMP - 1.17×
TOTAL - 64.25×
FORMS (APPROX) - 9,10,000 forms
*EXCLUDING ANCHOR

Retail subscription - Applicationwise = 3.72 times

4.02x is the subscription done at BSE only while 6.2x is BSE + NSE.

VERY GOOD FIRST UNDERSTAND HOW TO CHECK AND THEN WRITE

ENJOY THE BEST IPO

buy only at Rs 525 at the time of listing , if it list at rs 555 wait for rate of RS 525 As said below now i will not be afraid to write rs 600 in days to come rate will always higher than Indraprasta gas in days to come


avatar
1. Chem cho Jun 4, 2016 9:11:45 PM IST Reply
Best issue , no calculation is required just apply , best in mumbai to supply pipe line gas to residents and hotels , and CNG to all vehicles, in mumbai ,
APPLY ON VERY FIRST DAY , no waiting for QIB , HOW much they have subscribed

The interest cost for HNI applicants is Rs.120/-

So, if it lists below 541/- then they will be making a loss on this IPO

Oh...
look at the subscription fig till 1600hrs..
i think this time too shares wont be allotted to me. //////

Current costal price of mgl pls

Mahanagar Gas Ltd.

Last Day Subscription Fig. @3:37pm.:
QIB* - 71.50×
HNI - 186.18×
RET - 6.09×

Mahanagar Gas Ltd.

Last Day Subscription Fig. @3:30pm.:
QIB* - 71.51×
HNI - 161.05×
RET - 6.09×
EMP - 1.17×
TOTAL - 57.33×
FORMS (APPROX) - almost 9 lakh forms
*EXCLUDING ANCHOR

Retail subscription - Applicationwise = 3.65 times

No of applications have surprassed all expectations!!!!!

At 191 times the fund collected is all time record at nearly 29400 crs surpassing Alkem, WOW !!!
Never expected this kind of response.

I am unable to apply MGL now ??

But I can see IPO market timing @5 PM.

Any idea??

have heard the Kostak is reducing...is it true? Pls confirm

Kostak reducing due to higher subscription as there would be less chance of allotment.

What is the current kostak?

angel eye please say current position

how?

MGL kotak price kya he

i sell all my applications, maja hi maja hai

MGL Premium ?

Mahanagar Gas Ltd.

Last Day Subscription Fig. @3:00pm.:
QIB* - 58.75×
HNI - 128.30×
RET - 5.86×
EMP - 1.17×
TOTAL - 46.68×
FORMS (APPROX) - 854,698
*EXCLUDING ANCHOR

Retail subscription - Applicationwise = 3.49 times

HNI 161 Times

188 going strong

i cant receive any sms or email but my money has been locked what i do is it conformed or not pls help

MGL subscription at 3:00pm
QIB: 58.8x
HNI: 128.3x
Retail: 5.9x
Total: 46.7x

Dear Eagle eye

What is logic for premium of 1000 to 1050 for MGL?
As I understand Retail portion of issue is oversubscribed by nearly 6 times so he
has to pay premium to 6 applicant ( as premium is paid irrespective of allotment)for getting the allotment of 1 application of 35 shares.
So he pays Approx for 6000 for earning estimated profit of Max 4000 ( 35 X 110)

Do not look at over subcription on "number of shares" basis ... look at over subscription on "number of applications" basis ... that is approx 3.5 times

be cautious with BREXIT

Should not underestimate brexit event.

book some profit.
european mkt up @1%

mano ya na mano