Oversubscription data at 12.20 today is as follows. Retail Category at cut-off: 0.47times Overall : 4.43times Others : 6.61times (includes QIB’s, NII’s,)
Please note: Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data. I am obtaining this data from official websites of NSE and BSE.
Oversubscription data at 11.55 today is as follows. Retail Category at cut-off : 0.43 times Overall : 3.23 times Others : 4.75 times
Please note : Retail at cut off will be overstated to the extent of employee subscription as they have a reservation for 1 lakh shares and they are also allowed to bid at cutoff. Hence retail subscription cannot be given exactly and exact oversubscription can be known only at the end of the when authorities compile and declare the data
The so called registrars /Broking firm based at Hyderabad is a useless company and they r not responding to customer qurries inspite of several reminders. The staffs are untrained and every other staff is giving different versions. Be carful in dealing with them
Buy Sgl Global ltd(formerly shivalik global). This stock is going to 120 levels soon. Reliance is coming up with huge stake in it. Announcement to be made soon.
"On annualised EPS of Rs 17.5 in the five months ended August 2007 on post-issue equity capital of Rs 13.91 crore, the P/E works out to 8.0 – 9.1 at the price band of Rs 140–Rs 160. There are no other listed comparables.
The shares are listed on the Calcutta Stock Exchange (CSE). However, there has been no trading since the last three years."
This is an opportunity issue as the market is doing well. If one feels that the market remains good for next 2-3 months, then one can apply for the issue for listing gains and not for holding purpose. But if the market gets setback of 1000-2000 points in near term then the stock may not list above issue price or not even at par.
ATTENTION 54 SADASD U CAN SEND REGD LETTER TO REGISTRAR TO ISSUE AND IT SHOULD SERVE BEFORE ALLOTMENT IS FINALISED AND STATING THAT U DO NOT WANT SHARES AND WITHDRAWING U R APPLICATION. AND ATTACH XEROX COPY OF UR MASTER CLIENT ID . IT IS COMPLETE TO WITHDRAW. ANY PROBLEM CONTACT ME
IS IT NECESSARY TO ISSUE A CHEQUE FOR IPO FROM THE SAME A/C FROM WHICH YOUR DEMAT A/C IS LINKED OR ELSE U CAN ISSUE IT FROM ANY OTHER A/C OF YOURS ?? K.K.T PLZ HELP....