Oil India Limited IPO Message Board (Page 11)

Hi Suraj,
U will not get any share because u have applied at the rate of 1000 and company alloted the shares at the rate of 1050

For OIL IPO, if I have applied for 96 shares @ Rs. 1000/- each then, whether I shall get any shares or not?

Those who applied for full 90 shares may get atleast 60 shares and listing gain of 100-150 Rs. per share/ So a cool gain of 6 to 9 per cent on application money

See OIL INDIA to settle around 1500 on the day of listing.

Dear friends....

Thanks to the govt for fixing the OIL price at 1050. Now there is no upside left, soon we can buy at 900-1000 on the listing date....

If you are lucky you will see listing gains in first few minutes. After that story is going to be same as of Adani & NHPC. Oil India IPO is not exceptional case. Even IPO price fixing is too aggressive. Govt doesn't bother about post listing issues/consequences of investors. They just want money.

Hi Prasad,

there is a mitake in your saying... The right sentense formation should be

retail investors have to keep their fingers burnt expecting listing losses.

Good news for retail investers


Oil India IPO retails portion was oversubscribed by 1.14 times
The state-run firm received overwhelming response from institutional investors who subscribed about 54 times of the portion reserved for them. Non-institutional and retail investors bid for 9.77 times and 1.14 times respectively of the shares on offer.
If u want to confirm it go through the following link

http://economictimes.indiatimes.com/Markets/IPOs/Oil-India-IPO-priced-at-Rs-1050/share-listing-on-Sep-30/articleshow/5010773.cms

Hi,
Sam's calculation was enlightening to get a fair idea of probable share allotment,keep up the good work.now that the pricing has been fixed at Rs.1050/-retail investors have to keep their fingers crossed expecting listing gains.

this ostensible a free forum and people like you demotivate retail investors and thanks to you we get better allotment. Keep going

Oil india retails investers 1.14 times oversubscribed. so they will get more shares that is approximately around 79 shares for 90 applied. It came in economics times today

well .....People who have not applied for this IPO will gain ...... after listing OIL will definately fall 8%-10% (as thats wat has happened in past major IPO's), that time they can buy n atleast there will some upside

I am not sure how the people who have not applied in this IPO will gain from this forum.

Hence anyone who has not applied in this IPO please stay away from this forum

Well said Ajit!!!!! Government has become very very greedy now a days....they want to loote money at any cost, hence they are setting these kind of prices for Public sector ipos.

People who applied for this IPO have very bright future of loosing money. On the very first day get very good loss of 10 to 15%. Hold for 1 month and loose 25%.

Enjoy listing....God bless!!!

whoever gets this shares allocated, hold it as there are very few people (retail) will have share, QIP and other instutional investor donot buy for listing gain,

hence because of demand and supply it will rise.. I suggest retail investor to hold it for atleast 1 year and you will make atleast 30%.. better most other investments..

Issue price fixed @ 1050. Listing date 30th September.

News on CNBC

where is the news of Oil India price fixing.. anyone having plz share with all.

Minister pannel stes Oil India ipo price @ 1050 rs


shares to be listed on exchanges on 30th september!!!!!!!!!

At what price the Oil india issue price got fixed ??