Oriana Power Limited IPO Message Board (Page 8)

1 or 2 Lots have more or less same chances of allotment, yes there is more chances of getting allotment if you applying more than 5-6 Lots as compared to Retail.

With current subscription figures
Chances for retail : 1 out of 200
Chnaces for 2 lots : 1 out of 125.
Just mathematically speaking, that's a huge increase in chances of allotment by applying 1 lot more.

@MVP But HNI quata is 15% where as retail quota is 35% .

@RahulModi That doesn't matter now. Mu calculations are based on actual subscription figures.

@MVP HNI subscribed 251x time, then how chances with 2 lot will be 1 out of 125.
Can u explain this ?

As HNI subscribed by 251 times, so how the probability calculated for those who applied for e.g. 10 lots.
Is it like 10/(251/2) mean 1 application among 13 applications? If that 1 application get then how may lot will be received? And what if there only 10 applications are filed for 10 lots, not 13, will there be no allotment.
If you can share a link which has example then also it will be ok for me to understand.
I read many link but no one giving detail about minimum number of applications required in any particular group and actual number of lot allocated.

Hi All, Just joined the forum and this is my first comment. Passive visitor since many years, learnt a lot through discussions here.

No one at 16 lots category here?

@CaptainCurious
You will find many 16 lot applications by people not on CG Forum.
You may check the BOA after the allotment or any previous IPO's for an estimate.

Right Vineet, after going through the detailed BoA of Shri Tech, it's pretty clear. Even with my 88 Lots application in Shri Tech, there were 4 people and 1:4 lottery and hence got nil.

Better luck next time.

0/2 in HNI 16 lots category

58x..seems less

Very less QIB subscription, surprising.

@MuStrFc 
Option 2