as most of the retail subscription takes place on the last day. it is very premature to arrive at a conclusion of the times the issue will get oversubscribed.think it will get subscribed 15-20 times,as this issue is bunched up with REC and also people may think of investing in United Bank.The possibility of getting allotment gets increased as compared to ARSS.
hi! man has been given a crisil rating of 3 - indicating average fundamentals,whereas ARSS ipo was given a crisil rating of 2 and ARSS got oversubscribed 49 times. also the equity portion for retail is very low. so most of it is subscribed by the QIB & NII. so the floating stock remains very low which gets mopped up once the listing takes place. so i think it is safe to bet from the listing point of view. even fundamentally this issue seems okay as can be read from the articl in business standard's smartinvestor. happy investing.
What's the latest retail subs figure for MAN? Is it getting heavily oversubs in retail? I don't have access to NSE and BSE sites and so can't chk real-time subs figures. Pls help
HI NEHA IN RETAIL MAN INFRA WILL SUBSCRIBE 12 TO 16 TIMES . CONFIRM ALLOTMENT ON FULL APPLICATION BETWEEN 22-28 SHARE. MINIMUN PROFIT ON ALLOTMENT 22*50=1100 PER APPLICATION . WAIT TO SEE AT 7 PM.
why retail response so low in man infra. till 11a.m. it subscribe only 0.5 times(9.67lac share subscribe out of 16.20lac of retail and 2.25lac of employee portion)
if one applies for REC in full he will get 480 share, for MAN you'll get 22 by lottery. even if you get 7 bucks for REC you'll get more profit that if you get 100 bucks for MAN!!
Ravi, Bangalore Where are you? With so many issues around we people need your expertise and advice as to what to do with the limited money available. Are you fed up that other people have started giving messages in your name and playing spoilsport? We know which is original Ravi's message. Come out with your advices.