If u have applied @30 /- and if it is listed at 36. how they will know that u guys are intested to take for 36 or not. It might be true in u r case bust some might think that 30/- is the actual value. That is the reason why they dont consider applciations with 30/- where is its is listing at 36. especially in case of this much oversubscrption.
when we paid 99750 with application,they can deduct allotted shares amount on fixed price, & balance they can refund. they only given option to apply whatever price,
i have applied for 19 lots @ Rs.30,is there any chance for allotment?.why retail investors should apply on higher price brand, because applied Adani power on lower price brand for 670 shares, not allotted single share. i appled thru sharekhan & paid full amount. any body tell clarify ?
745 Subhash At the price of Rs.36 itself the PE multiple is around 30. If it is Rs.100 the PE multiple is 90, which is 4 times more than RIL. Your statement is fundamentally wrong.
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