Dear eagleye .. As per Nse total bid received is as follows. Total Issue Size 2,80,77,500 Total Bids Received 82,95,25,579 Total Bids Received at Cut-off Price 1,63,98,140 No. of times issue is subscribed 29.54
The total bid received at cut off price is too much less than the total issue size. So I think final price which company will decide should be less than 775.Can you please explain the above point.
Irrespective of how many ever lots a person applies, he/she will get only 1 lot? For eg., If one applies for 7 lots in the pnbhl ipo and the retail portion got subscribed 1.4 times only, still he/she will get only 1 lot?
As per the rules they want to promote retail participation, so people with least amount of application are more favored to get the allotment. So for e.g. When the 100 lots of shares available, 90 people apply 1 lot each and 10 people apply 5 lot then total subscription is 90x1+10x5=140 lots, meaning 1.4 times. But when allotment happens 90 people will get 1 lot each and also 10 people will get 1 lot each. Hope this helps.
Too add to Nilez: How to calculate lots - No.of shares offered in RII/Minimum application quantity, So for PNBHFL, 13912500/19 = 732236 lots approx 2nd example with 100 lots: (50 people apply with 1 lot each) 50 lot + (5 people apply with 18 lot each ) 90 lot = 140 lots, meaning 1.4 time. All 55 people will get 1 lot each and the rest 45 lots will be distributed proportionally among 5 people 3rd example with 100 lots: (95 people apply with 1 lot each) 95 lot + (15 people apply with 3 lot each ) 45 lot = 140 lots, meaning 1.4 times. As there are more people than 100, lottery will be done to determine the lucky 100 and lots will be allotted irrespective of the applied amount
Eagleye ji please in sab stupids ko bata do aap watsapp group operate kar rahi jo ya nahi..... Hame add karlo hame add karlo... Bol bol kar inhone dimag kharab kar diya hai
Hi Eagleye, request to share your mail, contact, Facebook or Twitter account ID so as to get in touch with you in case if you leave this forum. I need to follow you on various platforms so as I can gain in market & learn from you. I really value your sharings, attitude, and behavior. Whatever I wright here further it will surely miss present in such forum. So stopping my self here. Keep sharing & very in touch with us at last in this forum. Best regards, Nilesh Presswala
Dear friends one thing I would share that Eagleeye madam''s sharp analysis is absolutely correct.Only after she applied in endurance technology I have applied and shares allotted and sold.Likewise her prediction is absolutely correct in PNB HOUSING FINANCE.I TOO HAD APPLIED.HOPE I WILL GET ALLOTMENT.I HOPE IT WILL ALSO REWARD THE ALLOTTEES THANK U MDAM.PLEASE CONTINUE YOUR GOOD WORK. IT WILL BENEFIT ALL
Charlie say Charlie will buy share till 975 for stake increase in Pnb house so listing at 975 just as Indigo Qatar said will acquire stake on list of ipo at any price... Take a Note Pnb at 975 fight to increase stake
565.1. Eagleye| Link| Bookmark|
October 27, 2016 8:33:42 PM
IPO Guru (6600+ Posts, 22000+ Likes)
Do not compare it with ICICI Prudential. ICICI Bank off loaded Prudential shares through OFS manner. But PNB Housing Finance is a fresh IPO.
More possibilities to list at Premium. But the only concern is issue size and market conditions. Lets wait and see..
564.1. Pokemongo| Link| Bookmark|
October 27, 2016 8:30:47 PM
Top Contributor (400+ Posts, 300+ Likes)
and the US elections
563. Pokemongo| Link| Bookmark|
October 27, 2016 8:24:48 PM
Top Contributor (400+ Posts, 300+ Likes)
don''t think about earning peanuts from listing gains. Irrespective of the ipo listing below or above issue price it''s more important if you want to grab the opportunity or not? If the issue is good from long term perspective there is no reason to be afraid.
About 7,3600,500 applications required for 100% allotment per application (19 shares). If number of application is 7,08,468 means all applicants will get 19 shares @cut off. Any correction welcome.
I applied some applications today after 3 PM through PNB internet banking asba facility. The amount is showing marked Lien however there are no details when I check application at the BSE site. Does this mean my applications will not be considered? Anyone having this experience please let me know.