Dileep, if you apply for a lakh there is no guarantee that you will get allotment. But if you apply less than a lakh there is a guarantee you will not get allotment
i am planning to apply for 225 how many i'll get? is this issue better for long term? on listing day how far the rate will increase? Plz any one tell me...
manpreet@127, u did the right thing.and AK @144.you seem new to this IPO game.mundra will not be subscribed more than 20 times(maximum)and 9 to 12 times is the range i expect. i will be proved right on nov 7.shall catch up on nov 7 Mr AK.
U see the "basis of allotment" section. People are heavily investing for good ipo's. I can see forsee similar oversubscription for mundra as for religare.
Mundra Port IPO opened today and was fully subscribed within 25 minutes of its opening, The issue price has been Rs 400-440 and it is part of the Adani Group whose stock is trading at Rs 833, up 5% on the BSE
Mundra vs religare.. ---------------------- the max no. of share one can apply in mundra is 225 and the max no. of share one can apply in religare is 525. Assuming both are heavily subscribed (assuming same oversubscription), the probability of getting more no. share is in religare. GMP is higher for religare and compared to mundra. so % profit in religare will be higher.
Dear Friends I have applied 225 shares of Mudra Port. I was interested in Religare but at last momemt I have dropped the idea for religare & invested my Money in Mudra Port. Have I taken the right Decision? Pls give suggestions..