Hi....Unable to understand why the participation of Retail investor is so less? Does the higher participation in other segments indicates any probability of good listing?
Retailers participation was also less in endurance only 2 times I think it is same in this case also .Opinion from very beg. Was that it is highly priced ..& Diwali.. Is another reason
Simple reason is, there is no advantage of putting more money. Maximum allotment will be one lot only. Gone r the days when RI use to submit applications for 2 lakhs
Most of the employee applications are in offline mode, so will get adjusted by 8 pm. but expect this to remain low. Directors and above are not entitled to bid, so these quota go to lower employees who anyways are not interested due to low income range.
Time limit is there on net banking for IPOs Every Bank has different time for applying IPOs Beyond that time the name of the IPO will disappear It will not be possible to make any application