Very less chances of getting allotment in it also as :-
MOMAI APPARELS LIMITED - NSE Bid Details
Updated as on 30 SEPTEMBER 2014 at 1700 hrs
Sr.No. ,Category ,No. of shares offered/reserved ,No. of shares bid for ,No. of times of total meant for the category
1 ,Non Institutional Investors ,2008000 ,2736000 , 1.36
1(a),Corporates ,,305600
1(b),Individuals (Other than RIIs) ,,2225600
1(c),Others ,,204800
2 ,Retail Individual Investors (RIIs) ,1814400 ,4124800 , 2.27
2(a),Cut Off,,3409600
2(b),Price Bids ,,715200
3 ,Qualified Institutional Buyers (QIBs) ,0 ,0 , 0.00
3(a),Foreign Institutional Investors (FIIs) ,,0
3(b),Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) ,,0
3(c),Mutual Funds ,,0
3(d),Others ,,0
,Total,3822400,6860800, 1.79