Oil India Limited IPO Message Board (Page 20)

RISKI INVESTOR ALL MAXIMUM APLLID THIS ISSUE I HOPE LIST 200RS PRIMUM

Tell me anybody oil india ipo apply or not

NHPC and Adani were fully subscribed within minutes of opening.

OIL was subscribed only 90% even after 1 hour.
(As friends pointed out on this thread, possibility of GOI owned companies subscribing high)

I dont think , Retail quota will be subscribed fully.
Even if u r a big fool to apply for this IPO,
Dont apply for 2/3/4 times actual allocation you want..otherwise you will get allocation of all the shares u applied , and will have to exit at much lower rate on listing.

Beware retailers some big F.I. like LIC, IDBI are government controlled PSU and for luring small investors this greedy GOI can go to any length . The story of issue getting subscribed by QIB in 30 mins is fabricated and manipulated one . I challenge if u have sources to know about identity of bidders then check out and u will found that bidders are none but GOI controlled F.I.

People (small retail investor Poor fellows) who subscribed to this IPO might have been thinking that they did right choice but the reality is otherwise, Let them face outcome of this and let market punish them.

Hey 344 IRS,

Brokerage houses get about Rs.10/- to Rs. 15/- per Rs.1 Lakh application. Also, when you sell the shares, they also recieve brokerage. Also, they get fame if they put up more applications. Hence, they get increased business.

CoachIPO

Hi 345 raaga,

If an applicant has applied at a rate less than the fixed rate then he does not recieve any shares. But in case an applicant has applied equal to or greater than the fixed price, he will recieve the shares at the fixed price.

Hence in your case you will recieve the shares at 975/- whereas you had applied at 1000/- . Hence it is always advisable to put up applications at the "Cut-off price".

CoachIPO

@irs (344)
Brokerages get commission from issuers and brokerage from investors upon selling.

@raaga (345)
You will get at Rs 1,000 as you have expressed interest in buying the same at Rs 1,000. It is a kind of mass auction mechanism.

Hi All,

I had one doubt.

Suppose that i bid for OIL shares at 1000 Rs. And OIL fixed price at 975Rs. Then at what price will i get the shares. Will it be 975 or 1000?

I searched in google before asking this question but i didn't get any answer.

If you know the answer, Please let me know.

Thanks in advance,
Raaga

What will the brokarage house gets if we subscribe to IPOs?

Could somebody explain please.

Oil India IPO subscription details

Total Issue Size 26449982
Total Bids Received 24181872
Total Bids Received at Cut-off Price 85668
No. of times issue is subscribed 0.91

Already subscribed 0.9 times on first day. Retail segment will go to around 8 times. Subscribe for listing gains or sell at kostak.

Book profits and beat the market.

CoachIPO

i think to lure retail investor,they r trying everything.within 30 minutes they r saying ipo hasbeen fully subscribed...beware retail investor before applying.take your own call.

invest in this ipo of OIL, make your grandson happy,but your son may curse you for idling /waisting your money--this is defination of longterm investors of this issue
Just analogus to cultivating mango tree where grandson reaps benefits on efforts of you and your son

noone should apply for oil india ipo
reason

1) firstly stock would be available at 750-800 rs on listind day so why get ur money stuck for 15-20 days and apply in this ipo

2) even if i consider it giving 10% on listing day which would be asking too much themn also there are many stocks available in secondry market which i hold for 20 days can give me 20-30% return easliy.even if i buy nhpc now from seconday market and hold for 20 days it will give me better returns now than oil india

3)i know there are still foolish people who will apply thinking of long term but if they use common sense i would say better to pick stocks from secondary market rather than buy this one

I do not understand How SEBI allows such a high premium in IPO offerings . It appears that Investor should buy these stocks from secondary market when these issues goes in discount

The stock will be available at Rs.850 or so during the first month after listing. Its highly priced. ONGC is a market leader and deserves investment. Retail investors' hard earned money need not be tested here. Already, many (including myself)burnt fingers in NHPC investment. Analysts will always state that it is good for long term. But, before that the stock would come 20% less than the IPO price. The credibility of these analysts can not be trusted, in my opinion.

Dont make fool to retail investors by telling them to invest for long term and have patance. Why not Long term investors should wait till listing and them decide if u r long term one select the best bet not the un tasted one.

Short term investors - apply if you are ready again to burn your fingers...may be OIL will burn more than ur fingers.

Long term investors - Why u want to block ur money for almost a month and get shares @ 1050 whereas it will be available quite cheap within a month or so.

Lets prove them...Retail investors are not foooool.
and we will not fall prey to greedy companies and even GOI.

excelent issue in this decade oil india

OIL INDIA IPO
LONG TERM INVESTMENT--GOOD IPO
SORT TERM INVESTMENT--NOT BAD BUT SO SO..........