Voila, as per BSE website the subs update @ 2pm today. Application received for 29,76,24,576 shares. So that works out to 15.39 times oversubscribed....
It''s cumulative bid.. so don''t add all the quantities.. it simply means 5.46 Cr shares at 429; 11500 shares at 428 (subtracting the two).. so not 15 x but rather 3x
338. P M| Link| Bookmark|
November 2, 2017 3:24:20 PM
(1100+ Posts, 1100+ Likes)
As employee section subscribed 1.30x times. Did it not indicate positive side of this IPO?? Because whatever their strategy or goal but their employees are always aware about same. So i think we should go ahead with this IPO to all Retail investors. Still BOB,HDFC and KOTAK accepting application.
QIBs 7.40 NII 0.36 RIIs 4.11 Employee 0.04 Total 4.21 Appwise: 3.39 x
326. lokes| Link| Bookmark|
November 2, 2017 2:54:41 PM
IPO Guru (4400+ Posts, 5100+ Likes)
why HNI/NII figures are not improving? dont know why they are not applying...i will wait till 2.45 to see figures, then i will apply if their figure will cross 1x.....
If i buy a share is there any option to sell that share within 1hr or during the day in ICICI direct .....as that share gets credited nxt day before that can i sell it... Plz help anyone....thx in adv
325.1. P M| Link| Bookmark|
November 2, 2017 1:24:37 PM
(1100+ Posts, 1100+ Likes)
To sell shares on same day you must buy it in Flexicash / Margin / Margin plus Shares buy in Cash can be sold on next day (if stock is in BTST), otherwise after T+2 days
You can sell that share within a minute also and that will be considered intraday transaction. If you sell it tomorrow that will be considered as delivery transaction. For Secondary market you can sell it whenever you want. I am not exactly sure about listing day.
Can''t confirm. There is no set formula. There are instances in past with higher QIB subscription with negative listing. But this is getting less risky for sure. Wish NII showed up earlier.