Dear MBL allottees, I wish a good listing of MBL on 17th March and pray God that it crosses your expectation. I am optimistic about its positive and attractive share price gain in the near future. This is because MBL is going to repay it''s debt to the tune of Rs150 cr. out of the IPO proceeds. This will roughly save R''s.15 cr interest load of MBL. In 2015-16 MBL has earned a profit of R''s.42 cr. It means that MBL in the current financial year will increase 1/3rd of the profit of last year from interest cost. MBL is also planning to acquire new units for its business growth which will increase its top line and bottom line. The large over subscription by the QII and HNI has made them very little allotment. Initially they may pretend that they are not interested for the stock. But I estimate that they will gradually accumulate MBL. All the best.
No, this is not right. Probability is 1/10. Since at a time so many investors are submitting applications, it is not possible to say that who will get the allotment and who will not.
In heavily oversubscribed Issues such as MBL, no use in applying for 10 or 15 or 2 lots. As the Allotment is by means of lottery and in this case it is 1:8 approximately it is better to apply 1 lot each in all family member names to stand a better chance of getting some allotment.
Check karvy site home page. It has already been indulged in irregular ipo activities in past, so nothing new. I am sure preference allotment has been done.
i thing you have applied through Canara securities. same problem with me also, canara securities has some problems they not blocked amount. same will happened D mart also.
poor allotment applied 10 not gt single lot,i think they are cheating on west bengal peoples its going with state allotments i think so,last 10 ipo same issue all time.
Fantastic! 3rd straight time got nothing. Whether you apply more lots or lesser lots, you don''t get anything, but one thing for sure you get is PEANUTS!!! Getting an IPO lot allotted is like booking Tatkal on irctc. Congrats to everyone who got allotted.
Btw, I know what will be the fate of DMART too :) Let''s wake up.
I had not clicked cut off check box and written 333 in price and 45 shares manually. Is this proper or clicking on cut off is good option?? As I did not get allotment. 0/1.