Mahanagar Gas Limited IPO Message Board (Page 41)

What is the premium of MGL.. i want to sell 5 applications..

In Jaipur

Has anyone applied with an HUF account using SBI Intenet Banking? If so, applicant category HUF is not available. Do we select Retail individual? It seems it would be incorrect to put HUF under Retail Individual Investor.. Pls help

@chem Cho.. Retail is okay.. But my query was "can I apply for HUF by selecting Retail "INDIVIDUAL"? Is there no separate category for HUF applications under Retail quota?

An HUF is a separate individual entity. For tax purposes it''s treated as individuals.

Quess Corp IPO

RII reservation is only 40Crs ...
and 1 lot = 45 shares ...
it translates to approx 28,000 forms only for 1 time in RII category ...
Hence, it is going to be very very highly oversubscribed (no of times - applicationwise) ...
which implies a very very low probability of allotment for RII ...

Which is reason why even though GMP is 140 ... Kostak is only 500

If we get allotment .... It will be a super lottery !!!

Good Morning ... Dilliwale Jain Sahab _/\_

(HN)Jain is ok, but from Mumbai.

Any application buyer in Punjab?

I have applied for 35 shares via ASBA...How do i check if my application has gone through ?

Chk in bse/nse site

I applied through HDFC n already received the confirmation email. Check at NSE/BSE as suggested by Arup.

QUESS CORP
310-317
29JUNE 1 JULY
45 SHARED LOT
RETAIL 10%
FINAL

premium kevu lage chhe

jabardast

I used to apply in IPO''s a few years ago. Please guide with a few queries :

1.What is the CRISIL / ICRA / CARE rating for the IPO ? Cant seem to find.
2.Earlier they used to have 3 + 1 , (additional one day for retail investors).
Is this practise still there , or IPO specific.
3. Should I apply Rs.2 Lac only (13x35) , or Rs.10 Lac (65x35)
This is considering , 15% vs 35% and number of applications in each category.
Usually HNI/NII category is over-subscribed far more than Retail.
But not seemingly in this case. Considering both factors - which provides a better allocation ratio.
I also understand that there is a Retail discount of 5%.
To my understanding I shall get , 421-5% , upon listing.
Despite this , is it advisable to apply 65 Lots targeting a greater lump sum Profit.

It seems that , people don''t prefer to apply above 2 Lac and prefer to bring in family members for application in units of 2 Lacs.
Why so ? Better chances of allocation ? A bit detailed explanation would be appreciated.

4. I assume that , it is advisable to apply at the uper band only.
5. What is the option check box "cut-off" price while applying through net banking ASBA.
6. Overall despite GMP falling , can we be safe to assume unlikely chances of listing below 421 ?
7. I am looking for listing gains or short term (few days holding). Please advise.

Too many questions.
In nutshell

Many rules have changed.
Go through the past posts on this site & you will get replies of all questions.
For quick action apply for one lot at cut off price. If you have more than 15 lakhs to invest then go for HNI category & apply at 421 for as many lots as you want.

1) not compulsory
2) no such practice now
3)at this point of time can''t guess hni sub level, in retail better to apply one lot in multiple applications. As application of1lot & 13 lots application is treated at par. No discount.
4)yes
5) application @ finally fixed by the co within the price band post issue.
6) no guess
7)no guess
Hope to get 8 /10 marks in this exam (:)

I have applied in the names of 3 of our family members through SBI online. when i checked with the with the History i find the money to be blocked is mentioned as 13405 which for employees only. I have taken great trouble to apply as i am out of country. There is no doubt in my mind that i have applied for Individual category and the amount shown was 14735. In the confirmation page they were showing both the amounts and i confirmed the transaction as i definitely did not enter Employee option.
Our applications will be loaded on 22nd. Is there any possibility to cancel the applications after the data is entered by the bank and then reapply on 23/06/16. What is surprising is i checked once again on the SBI website but the amout for individual category is shown as 14735 and employee related amount is not shown.
request boarders help particularly those using the SBI online IPO. In fact i opened the three accounts with SBI only after seeing the boarders message of the facility by SBI.

U can cancel it today but SBI should b able to cancel ur bid timely on bse. Otherwise u will not b able to apply timely

Advanced Enzyme IPO Update:
Issue Opens:- 4th July
Issue Closes:- 6th July

Issue Size 400 Cr.

Wrong information
Please go recheck

Dates and issue size
You are wrong on both facts

The chronology is:
Quess
L&T Infotech
and after that
Advanced Enzymes.

Should I apply for one lot or multiple.

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Quess corp revenue 3300cr
But profit margin is very very less

Please compare with TeamLease also

Yes, dear.. Teamlease having revenue near 2600cr nd profit margin 2-2.5%
Quess have same but managment tgt 7-8% by 2018 its good

Quess Corp IPO:-
Opens On: 30-June-2016
Closes On: 04-July-2016
Price Rs.281/- to Rs.292/-
Bid Lot: 50 Equity Shares
Issue Size: 400 cr.
**********************
Quess Corp., a business services provider owned by Thomas Cook (India) Ltd, is also looking to launch its IPO in early July. The proposed IPO will see the firm raise Rs.400 crore.

Is it true tht retail portion is just 10% for quess corp??

Yes RII is only 10%. i.e. 40crs

what about news for upcoming ipo. Plz share upcoming Ipo company list.

Application buyers @1300.00 in Jaipur

Typo mistake.Application Buyer @1100.00

Plz, share Current GMP price for MGL

https://www.google.co.in/amp/wap.business-standard.com/article-amp/pti-stories/mahanagar-gas-ipo-oversubscribed-1-10-times-on-day-1-116062101024_1.html?client=ms-android-samsung&espv=1#

372. gamble Jun 20, 2016 5:10:23 PM IST Reply

Simple prediction not more than that :)

Mgl will b list @ around 510 ..and then runs for catching igl price...

Currently GMP is reflecting the same ... Superb call !!! ... Now Let''s wait and see on 01st July

We must have to :)

Quess Corp IPO

Price Band 310-317

GMP is 140-150
Kostak 550-600