Mrs. Bectors Food Specialities Limited IPO Message Board (Page 34)

You will get allotment. May be some less quantity.

Thank you NKP Sir...

It depends on price determination, as non-retailer can also carry forward their bids on next day, so if cut off price is determined @ 1377.55 then yes
but if cut off price is determined above 1377.55 then no

Thank you for the information...so now Que Sera Sera..

You will receive full allotment

@OldFox ji
The total bid above cutoff price of 1377.55 was 32.54 lakhs and the total size is 32 lakhs. Only 54000 extra bid, therefore all will get the full allotment except few who will get some less amount. Nothing to worry.

figure of 109% include the bid from 1367 to 1377.5 which will be automatically got rejected due to less than the discovered price.

Thank you, Black Swan... you've chosen a nice pen name.

Thank you, Black Swan... you've chosen a nice pen name.

Very nicely explained Ganesh Jaiswal Ji...I marvel at the knowledge people here possess. Yes, it makes sense. Just fyki, I had sold my existing holding yesterday and applied today.

in NSE side I can see, it got subscribed 2.28 times

https://www1.nseindia.com/live_market/content/live_watch/offer_sale/ofs_sale.htm

Sr No.      Company Name      Total Issue Size      Total Subscription      No. of Times
1      Federal-Mogul Goetze (India) Limited      11,54,354      22,581      0.02
2      Indian Railway Catering And Tourism Corporation Ltd      32,00,000      72,95,134      2.28

Sorry , those figures are including Non-retail as well

why did you apply? there is a good chance that you will get this at lower rate in few days... this happened with lot of PSU ofs.

Patel Bhai, I fully agree with you. I too have experienced this. But this time I sold an equivalent quantity yesterday and then applied in the OFS. May be less profit, but a profit all the same. I thank you for your concern.

Clearing Price of Rs 1377.55 fixed for the Retail Bidding

For csrl:: thank you for the update, sounds good.

Please read as crsl...

Problem for clients of Zerodha, the bid submitted by zerodha to exchanges was rejected.

Some technical problems.

@Ganesh Jaiswal,

Seems Problem from other Brokers also.
I don't use, I applied from other Broker. But the couldn't get allotment:(

Offer size was 32 lakhs for retail, total bid received at cutoff 1377.55 and above was 32.54 lakhs. Allotment done for 32 lakhs. Hence 54000 shares bid at cutoff rejected.

Brokers especially seedha has filed complaint with exchange, let us see what is the resolution.

Read Zerodha (not seedha)

1.yes
2. Time
3. That is cut off price

Thank you Sir ji!

You will get the IRCTC at floor price in open market

@ssji
1.OFS can not be bid at Bank ASBA. Bid can only be placed through your broker.
2.all those who have applied above the discovered price will get allotment. Discover price may be way above the floor price.
3. The price discovered today in non retail segment will be the minimum price for retail applicant. Itay be higher than floor price of 1367.

How to apply in OFS through zerodha account?

@Mpatni ji,
Open console, then select portfolio, under portfolio four option, select corporate action. Under corporate action you will get all OFS and buyback. Apply under IRCTC.

How many shares are minimum and maximum for this ofs ?? I have never applied ofs....plz someone explain

@Deep.Jain,
In OFS minimum you can apply for 1 share and maximum number of value of Rs 2 lac.

@Paymzia
you have given wrong information to my queries

Angel broking is waste...They neither has ICICI sec nor IRCTC ofs available under ofs tab.

FOR ANGEL BROKING OFS, CALL ANGEL DEALER /BROKER HOUSE /CALL & TRADE

Price priority allocation -
Allotment will be done @multiple price
Ex. Clearing price of Non-retail is 1377.55
So who applied @ or above 1377.55 will get allotment @ their bid price
i.e. Who applied @ 1377.55 will get allotment @ 1377.55
Who applied @ 1390.00 will get allotment @ 1390.00
Who applied @ 1450.00 will get allotment @ 1450.00

In single price methodology all allotments will be done @ clearing price in proportionate basis

For retail, Bid price is @ or above 1377.55 (Clearing price of Non-retailers)
Retailer can not bid lower than 1377.55

@crsl,
I was just told by my broket that the price band for retailer is between Rs. 1367 - 1377.55. Can retailer place bid more than Rs. 1377.55??

@ssji - Yes, you can place bids above 1377.55 and don't place below 1377.55. If you place a bid with below 1377.55 it will get rejected.

Below information is from NSE website

The cut-off price determined on the first day of IRCTC OFS (10-Dec-2020) on the basis of bids received in general category is Rs 1377.55
The cut-off price determined on the first day of FMGOETZE OFS (10-Dec-2020) on the basis of bids received in general category is Rs 335
As per SEBI OFS Guidelines, Retail bids below the cut-off price shall not be eligible for allocation

Irctc ofs can be bid via broker securities portal...

@crsl

So those who bid at more than Rs.1377.55 will get preference over those who bid at Rs.1377.55 ??