Multi Commodity Exchange of India Ltd IPO Message Board (Page 19)

I HAVE APPLIED FOR 96 SHARES IN THE MCX IPO , HOW MANY SHARES CAN I EXPECT TO GET

MCX listing price will be 1300-1350. It is a sell above 1500, buy below 1100.

Discl: I have applied for this IPO.

RII ki costing = 1032 + finance charges + profit
grey mkt costing 1032 + kostak rate + profit
now guess the listing price ?????

REC Tax Free Bond Start From 5/3/2012 Size 3000/- Cr. Remaining Un used Quata From IRFC Tax Free Bond Retail.
Catagary Investor May Not Applied More Then Rs.100000/-

Rec Tax Free Bond Interest Rate Declare On 1/3/2012 Additional Interest Rate 0.20% [Only For original Bidder Of Retail Investor Of IPO Time Applied] [Not For Purchase In Secondary Market]

Grey Market Premium
IRFC - 15 to 16 [Listing Date About 5/6/7 March 2012]
[Bse Code 961731 For 10 Year And 961732 For 15 Year]
[Premium May Gone Up to 25 after REC Rate Declare]

Mcx - 400 [Retail Investor Full Application Of 192 Share Can Received 8 to 9 Share Because Employer Quata 200000/- Share Added In Retail Catagary [Employer Quata Subscribrd 0.18% Of 250000 Share]

REC - Start After Rate Declare [1/3/2012]

Notification Of CBDT For Invest In Bond [After IRFC Bond] :
"A notification dated February 14 issued by Central Board of Direct Taxes (CBDT) clearing the issue has said that “any individual investing over Rs 1 lakh will be classified as high net worth individual (HNIs)”.

Unsubscribe employees quota is not fully added in retail ..its added like 50 % qib
15% hni and
35% in retail

IRFC LISTING DATE 2/3/2012 BSE NOTICE

approx date of stock allotment.

As per the information available in the application form

Finalisation of Basis of Allotment : 05/03/2012
Initiation of Refunda : 06/03/2012
Credit of shares in Demat Accs : 07/03/2012
Commencement of Trading : 09/03/2012

Dear All,

Cheques are not clear till now.

Breaking news retail investors can apply at max 1 lac in REC tax free bonds

So No one will be able to get more bonds, Those who have got the IFRC bonds should keep their bonds with them, No Selling should be done,
because REC is the last tax free bonds issue and here also retail limit is 1 lac.Also if you keep IFRC bonds then interest rate will be 8.3 %

So DONT SELL YOUR IFRC BONDS on listing,PFC listing is an example it was 1016 on listing day and now it is 1035

Not all retail applicants of Multi Commodity Exchange (MCX) public issue would be as lucky. Only those who have applied for 192 shares — maximum quantity under retail category in this issue — would get confirm allotment of 8-10 shares, said sources among the syndicate members and merchant bankers. Allotment for the rest of the applicants will be done through a lottery system.

Market experts believe low allotment to retail category will prove a dampener as most of them subscribe for listing gains. In this case retail investors, who wish to sell their holding on listing will be able to make between Rs 3,000 to Rs 3,500 going by the grey market premium which is Rs 250-300. The share are expected to list at around Rs 1,250 to Rs 1,300 at the upper end of the price band of Rs 1,032 and then a 20 per cent circuit breaker from first day itself.

Coal India was the last decent issue in 2010 when each retail investor had made around Rs 15,000 as listing gains.

However, it will become easy for merchant bankers of MCX to ensure follow-up demand for the issue when shares list as those who were left out many rush to buy on the exchange.

"We have been under tremendous pressure as even institutional investors are not happy with the kind of allotment that they are going to get in this issue," said a Merchant Banker involved in the process. Anchor investors got MCX shares worth over Rs 90 crore.

The MCX initial public offer saw demand for Rs 36,000 crore worth of shares, against Rs 633 crore on offer at the higher end of the price band. Overall the IPO was subscribed by 54 times and 24 times in the retail category. Thus those who have applied for 192 shares will stant to get eight shares when divided by 24. Promoters of MCX sold over 6.4 million shares through the IPO out of which over 22.5 million shares were reserved for the retail category.

Employee quota of MCX was under subscribed and a little over 5,00,000 shares would go to retail investors.

The IPO of Coal India in November 2010 was over subscribed by 2.33 times in the retail category. Each of them who had applied for the full quota of 400 shares were allotted 192 shares and gains were more than Rs 100 on listing from the issue price.

Yet, another IPO in which allotment was poor to retail category was that of Reliance Power in 2008. Retail investors got 17 shares for application of 222 shares. However, low allotment then proved to be a boon as Reliance Power has not been able to rise above its issue price after four years of listing now. The company chairman Anil Ambani had to announce bonus of 3:5 due to dismal listing of the company shares.

Coal India had received 1.6 million retail applications, against R-Power's over 4.5 million.

"The allotment may be less for retail investors, which is why it is expected that there would be huge demand for MCX shares. Also, many would want to buy as MCX is a concept stock," said Jagannadham Thunuguntala, strategist and head of research at SMC Global.

In MCX, the situation for high net worth individuals (HNI) is even worse. Their category, which had around one million shares on offer, was subscribed by 150 times and the allotment will be on proportionate basis. However, it would be interesting to see fight among institutional investors for a large pie.

As per bankers, the allotment of MCX shares is expected to be completed by March 5 and the shares are likely to be listed between March 7 to March 10.

I HAVE APPLIED FOR 92 SHARES IN THE MCX IPO , HOW MANY SHARES CAN I EXPECT TO GET

U CAN'T APPLY 92 SHARES BRO. IT SHOULD BE IN MULTIPLE OF 6 EITHER IT 96 OR 90 SHARES

issue priced fixed at upperband i.e 1032.00

I HAVE APPLIED FOR 54 SHARES IN THE MCX IPO , HOW MANY SHARES CAN I EXPECT TO GET.

6 SHARES WILL BE ALLOTED TO 3 APPLICANTS OUT OF 7 APPLICANTS

List around 1374 and 3 mths target 1956.

GUYS DON'T SELL ON LISTING BELOW 1550/-

HNI PORTION SUBSCRIBED 150 TIMES AND MOST OF THE HNI APPLIED THROUGH FINANCING OPTION SO , THE BREAK EVEN POINT FOR HNI IS 550 RS ABOVE THE ISSUE PRICE SO, WAIT FOR THE REASONABLE PRICE .

SABR KA FAL MITTHA HOTA HAI

RETAIL WOULD GET 8-9 SHARES ON 2 LAC APPLICATION

what is break even point? how u know it will be 550...

hi true analysis, "MCX- 6 SHARES WILL BE ALLOTED TO 3 APPLICANTS OUT OF 7 APPLICANTS" how do you calculate this ratio 3:7. please can u also tell us.

Dear Friends,

Have appplied for 150 Shares (25 Lots @ 6 Shares each lot) with cutoff. Can anybody tell us the allotment proportion. Is it prorata basis?

Those who have applied 24 lots or above will get confirmed 6 shares.
150 applied then 6 shares. 192 applied then 8 confirmed shares.

Give us Category for allotment share for 99 Share (1.00 Lacs) 144(1.50 Lacs) & 192 Share (2.00 Lacs)

Dear Members,
I applied for 96 shares in MCX. What is the ratio of allotment for 96 shares. Shall I get minimum 6 shares ?

There are chances that TWO out of THREE would be allotted 6 shares in this category. Allotment depends on your luck

any danger of discount listing if panic selling imerge ,after nifty down bellow 5000?

Chances are very very less.

How much Receive Share Against 144 Share (1.48 Lacs)Application.

SIX on firm basis

anyone buyer in mcx? premium?

360-380 MCX

Any ideay how much days does an it take in listing after closing the bid?

It is already announced that the probable date of listing is 09/03/2012

That means allotment would be over by 7th March. Thanks PSR.