Oil India Limited IPO Message Board (Page 13)

Allocation of shares also depends on number of application in that particular band, usually lesser people apply at higher band therefore there is higher probability of getting more shares at full application. this also means that there is higher probability of getting lesser shares at lower lot application !

Dear 465 Sam,

I have applied for 40 shares. My several friends applied in 10 - 60 shares.

Kindly give calculation from 10 shares to 90 shares please.

Dear friends,
I ahve applied for 10 lots @ 1050/- . How many share i should get.

With regards.
Sudhanshu Sheklhar

469. AK You will get around 30 Shares

481. asian You will get shares at 1000 in that case

482. shrikant you will get around 10-12 shares

It will list in 1150 - 1200 range.

Hold for 6 - 9 months target of 1430.

Not much downside in this issue.

Oil secretary has already told on CNBC that they are going to price this IPO at higher price bend on the meeting to be held on 14th September 2009

Hello , I have applied for 3 lots ( 18 shares) of Oil india
Will i get any shares
pls inform
shrikant

Hi,
Please clarify my doute. Suppose applied for 1050 but Govt desiside for 1000 only means. The share will allort for 1000 or 1050 for me?

Ig it is going to b priced @ 1050 then it gonna follow the foot-steps of Adani n NHPC

note oil secretary interview in moneycontrol and he is telling the ipo will be priced at upper band and he quotes the fundamentals are good without any debt and i dont think the govt.is not considering retail investors woes in the last two ipos

Sab retail inverstor bakhra ban jayaga listing pe. Listing price ho jayagi 700 ki neeche.

oil sec. says allotment at upper band 1050, but still dont loose heart good company will list around 1125, on 1 lac application get 75x 50= 3750, nearly 4 % return in 20 days

dear sam,in employee quota there is confusion.employee who have to bid for more than 1 lakh ,then he has to give a price band of rs.1050/-.he cannot apply at cut-off.and 1050/-,ultimately means cut-off.so those employee who have applied at rs.1050/-will be automatically get allotment.so ithink whoever applied for 90 shares will get betwen 55 and 60.

may be alloted @ rs. 1000

Good calculation Mr. Sam. But there are chanes that offer price will come down to 1000/- or even 950/-. It would be great if you to do this exercise for other possible scenario's as well (like 950/- & 1000/-)

dear sir,

470. balram ahuja

angoor khatte nahi meethe hai.

i think you could not apply this issue .

thats why you are posting such negative message.

Indian OIL ipo WILL LISTED AT DISCOUNT

ALLOTEMENT GIVEN AT Rs 950 OR 1000