Guys the Issue is oversubscribed already 5.57 times, but retail is not even subscribed 25% also, my gut feel is the issue will oversubscribe below 10 times in retail.
dear investor IPO May be get 50time oversubscribe in retails as per Expert SP Tulsian its very tuff to say how much shares can get who appiled for full 225 shares. i also appiled 2 full application any one can say how much i can get if oversubscribe 50time in retails.
in one lakhs application kostak prise in grey maket rs.-7000 per one application this time [market] all maintin on market why return you make !!!!!!!!!
Hi guys, Consider the the following appns: Appn 1) 225 shares @ cut-off price paying 99K & Appn 2) 225 shares @ 440 (upper end of price band) paying 99K Which will get sure allotment & maximum shares alloted ? I am putting only 1 appn. So, I have filled the appn & chq but kept the price box empty. I will fill up the price box after I get some info from IPO special people (particularly IPORaja & Market Analyst). Eagerly awaiting their opinions. SingS, Coimbatore
Update @ 5:00 PM about Mundra IPO......... Total Issue Size 40250000 Total Bids Received 224139975 Total Bids Received at Cut-off Price 2801805 No. of times issue is subscribed 5.57
If issue gets oversubscibed by more than 20 times in retail then don't apply anymore and lock your money till it gets refunded.
I did some calculation and if issue gets oversubscribed by more than 15 times in retail then the share alloacation will be as follows:
No of Shares bid No. of shares to be allocated 15 0 30 0 45 0 60 0 75 0 90 60 105 60 120 85 135 85 150 100 165 100 180 120 195 150 210 150 225 180
I am not saying that if apply below 75 then you will not get anything.. mainly it depends upon Registrar of IPO.
but logic mentioned above for more than 75 shares will surely get something after share allocation.
Happy investing. Go for this IPO as early as possible else accumulate money and wait for Reliance power issue. Date End of November. Issue was on hold due to P-Note crises. It will be open after Diwali but before End of November.