Please note that, in case of application of 320 shares, chances of probability is higher in comparision to thoso who have applied for 60 or 100 or 200 shares.
mr.gem ipo finder watever bid they put retail bid is more than 18... do u still think that we will get any allotment.... n u were earlier saying that u want to put 4-5 application of 50k which will give u more chances of shares...
nt worth to keep the money in it as it is subscribed more than 18 times in retail... invest this money in market for some time u will get more return than this... i m goin for cheque block....
retail 18.34 times overall 93 times @5 pm where are those people who said the issue will not subscribe 20 times in retail? For those: pls fisrt learn to read the market then comment .
i've already predicted at my message 209 that issue will be oversubscribed around 15-18 times for retail on the day 17th march when everyone was fearing to march factor. in my view this is an excellent IPO. i've also applied 3 full app.
this 100 times oversubscription is a gimick used by brlms to fool people and create artificial cozy enviroment for the ipo, everone knows that issue will be priced at 310 then why bid at less than that.....
if u see out of 100 times oversubscription more than 90% of the bid came below 310 which will be rejected this fact is well known to the qib bideres phir bhi they have bid, because they either withdraw it subsequently after or get some incentive for puttin the bid
nahi to faltu mein koi kyu bid karega actual demand to 310 aur cut-off pe hai which is 10% of total bid,