Oil India Limited IPO Message Board (Page 28)

effective size of this issue is like Adani and half of NHPC. Because of factors like other isuues coming up its oversubscription will be like adani only. apply...

164. iyengar (this below observation by iyengar Postv 164) dont miss read..........thanks Iyengar

Hi all,
A back of the envelope calculation.Pl check and confirm

With 30% reservation for retail and at Rs 1050 a share, for one time subscription under retail category = Rs 833,17,44,330
(2,64,49,982*30%=79,34,994 shares for retail
1 lot will call for 79,34,994*Rs 1050=Rs 833,17,44,330)

For NHPC retail had attracted a total Rs 7011 crores approximately for an O/S of 3.87 times for 30% of 1,67,73,74,015 shares at Rs 36.

Assuming a similar amount of contribution from the retail investors total collection will be Rs 7011 crores.This divided by Rs833.17 crores will give an over subscription of 8.4 times for OIL ipo.
This means confirmed allotment for maximum of about 11 shares for applicants of 15 lots!!!(15/8.4*6)

This is assuming OIL will get more or less similar amount and over subscription from retail investors like NHPC.
If it atracts more subscription then naturally less than 11 shares!!

Assuming a listing gain of 15%, then you will get
11 shares*Rs 1050*15% profit of 1,732..
This is the profit for investing Rs 94,500 and waiting for 1 month for the entire cycle of IPO closure,allotment,refund,listing etc to be completed.

Any other nut and bolt calculation please illustrate.

Let us do some serious calculations than frequently asking GMP, listing gains etc.

188 Coach IPO

Number of shares does not matter. The size (value) of shares is around 2777 crores. This issue will squeeze in 2777 crores from the market.

Hi guyz,

i differ with RANJIV. Please understand that the total number of shares of NHPC were 168 cr whereas in Oil India there are only 2.6cr shares.Hence it will subscribe for atleast 8-10 times. Apply accordingly becoz LESS SUPPLY = HIGH DEMAND = MORE PROFIT

CoachIPO

hi Ketul

I suppose you meant 1250-1300 and not 13000

Guys, dont get misguided by 13000

CoachIPO

Thanks for the information on the lot size for Oil India. Even I was expecting lot size of 6-7 shares per lot.

sure apply in oil india i think that it may list at 1250-13000

oil india retail subscription may be 1 to 2 times only
because every one not interested to buy share of face value rs.10 @1050
as fv of nhpc is also rs.10
ranjiv

Normally the Lot size is defined based on the Amount 6500 for 1 lot.

So for Oil India it will be 6 (6500 / 1050)
i.e. for Adani Power Lot size 65 (6500/65)
For Reliance Power Lot 15 (6500/430)

Hi iyengar,

Great Calculation..

Great example of Cost benefit calculation.

Han .. chalo ab 15 Din ke liye Oil .. Oil kare .. Stretegy
Banay .. Time-pass kare

thanks.

176 Kiran
Min Shares 6 at min amount 950 would be Rs,5700
Min Shares 6 at max amoutn 1050 would be Rs.6300

Lot size will be 6 or 7 - based on the past experience. Always lot size is decided at around a value of Rs,6000.

has to apply after tulshian views for oil india because it seems very costly.

Min Shares is 6 and Min amount will be 6300
Max Shares is 90 and Max amount Will be 94500

same as NHPC

What is the lot size of OIL ipo.

what is minimum appli in oil india

donot apply in OIL, it will be similar to Adani. Please wait as many issues are coming this year

ap log to adani me bhi to bolte the na k usi din wo 75 tak jayega.boss gaya?nahi na?don't panic.abhi to IPO ki season suru hui he yar.