MIC Electronics Limited IPO Message Board (Page 10)

Mr. Khan
If you have applied for 630 shares, the probability of getting minimum shares allotment (i.e., 45 shares) is .5 or 50%.

Hi Guys,
Useful link...

http://www.micelectronics.com/news_OverwhelmingRespforMIC-IPO.html

Retail is subscribed almost 32%.Applying the pareto rule, 20% shpuld have applied for 80%of shares. So 24% was subscribed by 20% in Retail. Reminaing 20% is applied by 80% retail investors. I think who have invested less than 45K may have littele possibility to get the shares and the persons who have invested more than 54K may get the shares allotted. Investors between 45K and 54K may fall on either side.I suppose the allotment would be made on 24th May(Not Sure). Best of Luck :)

i have applied for this ipi for 630 share how much i can get . i have applied for forties and got loss what is new for this ipo.

hi all pls. tell me what to do with forties should we sell it or keep . price is geeting down day by day

Hi all, Please please dont buy stocks by listeniong to rumors. Also dont apply to ipos by rumors. Example: If you apply a junk ipo full get firm allottment and making 30% listing loss your loss will be over 30000/. If you apply good issue and lucky enough to get allottment even if you are making 3times profit, your gain will be about 10000/ only. So Conclusion is one bad issue= three good issues. So at the end of the year no net gain!!1
Please dont speculate in stocks.

though this not the right place but i have not found other forum to check with.
does anybody have idea about spentex scrip? it is going down constantly. I bought 200 scrips@73.

thanx in advance

Mr.Arun
Please do not spread rumours. The minimum lot of allotment is 45 shares and how can the registrars/company allot 25 shares. Please refrain yourself from spreading rumours.

mic name alike mick mouse. it will run like mouse

People who have applied below 225 shares have not got a single allotment(Inside News).And for application above 225 u will only get 25 shares.Never put your money in such a heavily subcribed issue.

Its going to be alottery , so whoever who applied for above 45000 will be included in the lottery, so cross your fingers and wait. even 94500 for the total wont gaurantee you anything. Black market premium at 100 ruppe as of today. Will list at arond 250 -275 and will go to 300 and then settle around 250 levels.

@raj,
There is no rocket science behind it.
I applied through 2 accounts.One mine and one my sister's account.

Hi Rohit Raj gupta

listing price would be around Rs.230 to 250.

Can someone have what will be the listing price

MIC listing on 30th May

MIC listing on 30th May

Hi sahlavi

allotment will be out on 22nd or 23rd of May 2007.

This issue is good.Its listing is not the problem but allotment is the problem. So don't worry about listing as it will give a good profit if you luckily got allotment.

Anyone knows when is the allotment ?

Hey Manju,

How could u apply for 1000 shares. For a single retail investor maximum subscription is for 775 shares only ???
Is there a trick in it ???