Oil India Limited IPO Message Board (Page 14)

Great Calculation by Sam. so that first lot will be lottery rest will get firm allotment.

Can any body say in respect of share to be allotted if applied for 48 share @ rs. 1050

Dear IPO applicants,

Most are calculating their quota of shares assuming it to be at Rs 1050 or cut off for retail.
All indications are that the shares will be allotted at Rs 1000 at least for retail and empolyees.
Instead of burning midnight OIL and wasting time, wait for official announcements.
Otherwise all this will be an exercise in futility.

All the best.
Guaranteed to give 15% returns on opening day.

price may be fixed at 1000 for retailers

Hi Sam, You have burnt your midnight "OIL" in calculating it so finely. Thanks a lot.

hi all,

oil india full application at cut off will get min 60 shares.
see below how it is
Retail Individual Investors (RIIs) reservation=      7213631
bids @ cut off price = 11739294

employee reservation= 2404544
bids @ cut off price = 38202

unsucribed shares @ cut off in employee reservation= 2404544-38202 = 2366342
these wil be reallcated 60:10:30 basis
retail jon gets 30% of 2366342 = 709902
total retail res= 7213631+709902 = 7923533

retail subcription at cut off = 11739294/7923533 = 1.481 times

so full application at cutt of will recive = 90/1.48 = 60

enjoy all

The eratic movement will take of listing premium then someone will say poor market conditions as is being said by Delhi CM enjoy monsoon instead of safety somehow the issue resembles Delhi ka ladoo

please look ipo magic ,QIBs subscribe 54 times,if thay subscribe prise band 950 to 1000,and final prise disided upper band 1050, if you understand IPO logic you can deside times of over subscription and after listing prise.

oil india kostak Rs.2600 and enjoy premium Rs.60 - 90

kal thi kostak Rs.2400 - Rs.2800 in Oil India

who ever will get allotment just fell luck that we applied 4 this ipo i am little more confidence that it will list on premium & they will not allot the share at upper band (1050 Rs) they my allot us at 1000 or 950 so i think we will get that little more difference in profit. enjoy this gov. ipo after long 1 and half year as this will give good return then NHPC

Don't worry guys. Such kind of response from QIB give some wrong signal. Initailly it will go hign but finally will cool down. Nothing special to so bullish. It's game plan to arract retail invester in secondary market buy on listing day.
Congrates to this site, lot of people did not apply including me after reading articles here. But I am happy that I have not applied for it.
1.76 means retail invester is not happy. Expect to buy in market at Rs. 800 by December.

One big correction is due becasue it's going to high. No fundamental can change within 6 months.

whoever gets allocated this share donot sell on listing. hold it as there are limited retail investor... you will gain minimum 30% in 1 month...

happy investing..

It will list:
Oil india premium of min 20 to 25% up on listing day in the worst scenario
go thro this link
http://economictimes.indiatimes.com/Markets/IPOs/Oil-India-570-mln-IPO-oversubscribed-31-times/articleshow/4995740.cms

dear kk,u r right minium 55 shares will be given to those who have applied for 90 shares,and looking at qib sub. figure there will be demand for oil shares on listing day. i think there will be good listing gain on listing day. happy investing

Dear ashok
the unsubscribed portin of employee ,divided in 60;10;30 so we get max55 share not 72

It is a little more than 1.62737 at cut off. Considering that retailers may get around 55 shares for a full form. If any application is rejected, then there may be a few more shares. Now hope and pray for listing with some premium. Listing on Sept.29th.

STRATEGY OF ALLOTMENT :

IF PRICE IS DECIDED Rs.1050.

THEN

6,03,762 shares beeded by Employees @ price beed( NOT @ CUT

OFF )


9,86,766 shares beeded by Retailers @ price beed( NOT @ CUT

OFF )

WILL BE DIS QUALIFIED FOR ALLOT MENT & WILL BE ADDED TO

RETAILERS ALLOTMENT .

until when will this go on? when will nse report final subscription?

FINAL & FINAL SUBSCRIPTION

QIB : 53..83244 TIMES ( GOOD SUPPORTED BY F I Is )
HNI: 10.4770 TIMES
RETAIL: 1.7642TIMES
EMPLOYEES : 0.2670 TIMES

CHEERS FOR RETAILERS