Power Grid Corporation of India Ltd. IPO Message Board (Page 100)

740 Pm retail 6.0838 times

DEAR VIVEK,THANKS A LOT.KEEP IT UP .AT LEAST FOR THIS BIGGEST DAY IN HISTORY OF IPO.THANKS ONCE AGAIN

Hey.. kya ho raha hai... absolutely ridiculous.. I don't know how you guys are coming up with your own set of numbers for oversubscription rate.. This is horrible.. Vishal.. Can you give the exact numbers..

7.20pm



Retail @ cut off is 6.05 times

Hi Raj,

How did you came to that figure please explain

HI,VIVEK LATEST ABOUT POWER GRID PLEASE.

hi,
those who have applied 1875, allotment 250 shares. enjoy.

yes Mr. K.K.T

It is possible because it is 2900 cr issue. For retail investor its around 1000 crs. so even at 5-6 times subcription retail investestor has poured in around 5000-6000 crore rupees.

6.45pm

total subscription 64.61 times

Retail @ cut off is 5.83 times

IS IT POSSILE THAT RETAIL IS SUB ONLY 5-6 TIMES TILL NOW IF TOTAL ISSUE IS SUB ABOVE 60 TIMES ?//
ACTUAL FIG WE WILL COME TO KNOW LATER AFTER 8.00 PM
BUT, HOPE SO RETAIL SUB IS LESS MORE CHANCES OF ALLOTMENT .

TAKE CARE ALL OF U .....BEST OF LUCK

how much times retail will subscribe

yes siva ,
but the nseindia site is giving updates only on hourly
basis
and not live figures .

Method of Proportionate basis of allocation in the Issue
In the event of the Issue being over-subscribed, the Company shall finalize the basis of allocation in
consultation with the Designated Stock Exchange.
Bidders will be categorized according to the number of Equity Shares applied for by them and the
allotment shall be made on a proportionate basis as explained below.
(a) The total number of Equity Shares to be allotted to each category as a whole shall be arrived
at on a proportionate basis, which is the total number of Equity Shares applied for in that
category (number of Bidders in the category multiplied by the number of Equity Shares
applied for) multiplied by the inverse of the over-subscription ratio.
(b) Number of Equity Shares to be allotted to the successful Bidders will be arrived at on a
proportionate basis, which is total number of Equity Shares applied for by each Bidder in that
category multiplied by the inverse of the over-subscription ratio.
(c) In all Bids where the proportionate allotment is less than 125 Equity Shares per Bidder, the
allotment shall be made as follows:
• Each successful Bidder shall be allotted a minimum of 125 Equity Shares; and
• The successful Bidders out of the total Bidders for a category shall be determined by
draw of lots in a manner approved by the Designated Stock Exchange.
(d) If the proportionate allotment to a Bidder is a number that is more than 125 but is not a
multiple of 125 (which is the market lot), the decimal would be rounded off to the higher
whole number if that decimal is 0.5 or higher. If that number is lower than 0.5, it would be
rounded off to the lower whole number. All Bidders in such categories would be allotted
Equity Shares arrived at after such rounding off.
(e) If the Equity Shares allocated on a proportionate basis to any category are more than the
Equity Shares allotted to the Bidders in that category, the remaining Equity Shares available
for allotment shall be first adjusted against any other category, where the allotted Equity
Shares are not sufficient for proportionate allotment to the successful Bidders in that category.
The basis of allocation

Sorry ..I meant Umesh[387]

Hi umesh[389],
If the retail is oversubscribed by more than 5 times, how will minimum application in retail will get firm allotment?? Can i know the logic behind this?? :-)

i think it will listing around 75Rs.
enjoy Envesting

Retail 5.6 times till 6PM

Thanks
siva

hi friends
can any one tell me how much times retail over subscribed at cut off

retail who applied minimum will get firmallotment

hi can anybody tell me from where u r getting these datas