Prateek, The retail subscription is 3.4 times. You should approximately get 960/3.4 = 282 shares. However the actual allocation may be slightly on the higher side since not everyone would have gone bid at cut off price. So you should get a little over 285 shares.
I have post my views but you people were in panic ok no problem I told the retail portion if not crosses then 3 times then cancel the application otherwise enjoy the profits. well take care next time. wait for happy listing.
poor show debit free company seems it is highly priced hence most of the bids have been revised to ts 90 from rs 106 i have also applied for rs 96000 for 900 share 3 lots but finally to day revised to 60 share at rs 90 3 lots
i felt that there is no premium in the market and QIB subcribtion was less those who want to cancel write ie fax for cancelation of application fa no 91-22-28475207 or scan letter an email it to ipo.nbcc@bigshareonline.com fax and email will be correct option if applied in ASBA
1.33 times oversubsription at 12pm? from where do we get this kind of live data?? by end of day what is estimated oversubscription? any idea on refund date and listing date?
p.s.: i welcome myself on this site thru this first post !!
GRAND TOTAL No. of shares offered/reserved No. of shares bid for No. of times of total meant for the category TOTAL 12,000,000 9,333,060 0.78 RETAIL 4,158,000 5,533,380 1.33 QIB 5,940,000 3,188,640 0.54 NII 1,782,000 608,760 0.34 Employee 120,000 2,280 0.02
I have just applied for 5940 shares from 3 accounts 1980 each,friends no need to worry just check the subscription figures by today evening if it will not go over 3 times in retail then write to registrar to cancel the application otherwise enjoy the listing gains. I hope 5-10% must if crosses 3 times subscription in retail.