retail oversubsription is expected around 17 times.lottery method like gbn for those also who applied for maximum.few chances of getting allotment.apply for idea for a sure allotment who applied for maximum share in retail.
Can anyone let me know whether the allotment is through lottery or through Ratio? Usually it done proportionally, GBN being an exception. Kindly let me know even Mindtree is about to follow the lottery route?
Hi Ruby, There are no chances of allotment for 45k. So just dont waste your time and money investing in it. I just Idea would be a better option, and you will guranteed get alloted shares at 45k.
Businessline: Investors can consider an exposure in MindTree Consulting at the upper end of the price band. At the announced price band, the price-earnings multiple works out to 15-18 times the annualised 2006-07 per share earnings on an expanded equity base. At the upper end of the price band, the pricing is relatively high vis-à-vis some of its listed mid-size peers. The scope for capital appreciation will be higher if the offer is finally priced at the lower end of the price band.
one of the best ipo to invest in,it will get oversubscribed by more than 90 times.also retail portion will be oversubscribed by 40 times,it will be like GBN where very very few people will get allotment.so my view is that apply for idea,as idea is a large issue(2100crore) and very good growth prospectus so everyone will get allotment and very good listing gains.
G R A Y premium is Rs 350/- prsently. But what at the time of listinG ? Because Budget is also there. Idea is better than MIND Tree. Because chance of refund is more>more>more & more birenparikh2002@rediffmail.com