Deepak Kundalia i think allotment will be very low in per D.P. A/C.and as i write in my message no.(47) that this will give return like gravita and more than coal but dependent on nifty and global markets also.
53. Pandit Ji| Link| Bookmark|
November 17, 2010 11:35:22 AM
Top Contributor (400+ Posts, 200+ Likes)
@ 50 Ajayshreeji
Thanks for the calculation, but I thinks things will be different this time, As you know Retail Limit has been hiked to 2 lacs, some things have to be factored
1. Retail with surplus funds and limited demat acclounts would apply double 2. HNI who applied between one lac and 2 lac, would apply in retail category 3. Retail not to be left behind in allotment to try to raise funds from somewhere to apply in the 2 lac bracket 4. Retail earlier who were applying for quality as well as second grade IPOs would skip second grade IPOs and go full steam in quality issues like MOIL
2 lakh ki limit karkay SEBI nay retail investors jo 20000, 50000 invest kartay thay unko market say bahar karnay ka pura intazam kar diya hi, ab inko kawal cantabil, i b power,embi poly, shree ganesh jaisay 3 rd class shares allot hogay, achasay shares yah bhol jai.
The Securities & Exchange Board of India (SEBI) has increased investment limit in IPO (initial public offer) or FPO (follow-on public offer) for retail investors to Rs 2 lakh from Rs 1 lakh.
The SEBI has raised this limit for the first time in last five years. RPP Infra Projects is the first public offer that will get benefited from this investment limit.
SEBI ups retail cap in IPOs to Rs 2 lk; RPP 1st beneficiary
Market regulator had announced the limit last month but will get implemented from now onwards. However, the SEBI has not increased retail investors' reserved portion, which kept at 35%.
Deepak Kundalia i am agree with you .I think that we will get near about 500 crore's allotment and if we follow coal and power grid than moil will go more than 25 times in retail.
In Coal india near 11000 crore rupees bid from retail investors.
In power grid near 11000 crore rupees bid from retail investors.
Dear Ajayshare/ Experts, Kindly give your views based on below:
Issue Size: 33,600,000 Equity Shares (3.36 crore shares) Issue Value Approx 1500-2000 crores Expected Price Band approx Rs. 450 per share Expected Share application 425-440 (On 2 lac limit)
Retail Quota @ 35% = 1.17 crore shares Expected subscription based on Power Grid value 15-20 times Expected Allotment 20-25 shares Expected Profit based on Coal India @ 50% of issue price 4500-5500 Expected Profit based on Coal India @ 80% of issue price 8000-10000 If Grey Market price around 7000-8000, take your call
GUYS THE RETAIL LIMIT HAVE BEEN RAISED TO 2 LAC.....NOW SMALL INVESTORS WILL FACE DIFFCULTY IN GETTING SHARES............... AND IF U APPLY FOR ABOVE 1 LAC....U WILL HAVE INCONE TAX PROBLEM..........SO PLEASE SEND UR FEEDBACK TO SEBI TO ATLEAST RAISE RETAIL QUOTA TO 45-50% AS SOME OF HNI WILL ALSO COME IN 2 LAC..........THE EMAIL ADDRESS IS-----sebi@sebi.gov.in
MOIL is a small ipo (1500 crore) and very unique Commodity. There is no any other listed company in the share market so this will give so much good return.
Issue Size: 33,600,000 Equity Shares (3.36 crore shares) Issue Value Approx 1500-2000 crores Expected Price Band approx Rs. 450 per share Expected Share application 425-440 (On 2 lac limit)
Retail Quota @ 35% = 1.17 crore shares Expected subscription based on Power Grid value 15-20 times Expected Allotment 20-25 shares Expected Profit based on Coal India @ 50% of issue price 4500-5500 If Grey Market price around 7000-8000, take your call
43. SONMAYA| Link| Bookmark|
November 17, 2010 9:16:03 AM
IPO Guru (1300+ Posts, 500+ Likes)
MOIL IPO IS ANOTHER COAL INDIA IN MAKING...SO PLEASE DO NOT SELL IN GREY MARKET..WAIT TILL LISTING..ENJOY
Dear Sreedhar, Had Gravita subscription been 2 lakhs we would have applied in the 30th ratio and the chance of allotment would have been better, or almost sure. So even if MOIL is subscribed around 20 times in retail, no problem as those who apply using 2 lakhs will get confirmed allotment.
aswinfrank, Manganese ore IPO will be easily subscribed above 20 times,I have zero luck in such IPos where allotment is through lottery hence I will be going for RPP provided its retail subscription is more than 5 times.I consider 5 times retail as a safe bet in such tiny issues
Panditji pranam, (i) whether we should invest in rppinfra ? if yes how much ? (ii) whether refund from moil will come before Hindustan copper Fpo opening ? ------ bangnewman