if the share doesnt list at 600+ i will stop trading.... have been in market since 8 years now.... and i know about the company i work for.... so its ok if i have losses.... but i can bet that this share has a potential of reaching 1000... may list for more than that too.........
There is no need for Sunil to "hehehe" about getting employee quota of 200+ shares. He will be a more worried man with huge losses as shares may be quoted below par. And those who do not get allotment are the blessed ones who can acquire the shares at much lower prices. Bye Bye Sunil! God bless you!
mindtree allotment not yet out.... i am an employee in mindtree... so would be the one to know first wen it will be out...will let u know as soon as it is out... and yeah i guess none wil get more than 15 shares... (i will get 200+.....) hehehe.... employee quota
Since the close of issue the Registrar's Site is showing status for IPO Allottment " Coming Soon " . I fail to understand what was the need for that if thay can't give the allottment status in time. I remember Karvy was doing the same in 12 days from the close of issue.
Any body can say that rules and regulation about the allotment to ne declare in what time. The retail investor are watch whole day on web about the allotment.
Can anyone please tell who are all the eligible candidates for non-institutional investors? Can a retail investor apply as a non-institutional investor through icicidirect.com
For each category of 15, 30, 45, 60, etc., the proportionate ratio factor is arrived at based on :
(No. of Bidders in each of the category multiplied by the number of Equity Shares applied for in that category) divided by the over-subscription ratio.The oversubscription ratio is sometimes rounded off by the registrars. Applicants in higher categories stand better chances of getting allotment.
Then, allotment in each category is made by lottery based on the proportionate ratio factor for that category.
There should be a transperancy from the Registrar's side. First of all, SEBI should instruct Registrars to the issue to indicate the tentative allotment dates and publish in their websites. Our Mondkarcomputers - registrar to this issue conveniently places the slogan "Coming soon...". Is it a bollywood film???? This is public money the Registrars are handling. Shame on them.