35% of the issue(retail portion) comes around 500 crores. Normally retail portion will subscribe for around 2500-3000 crores in every ipo. Because of the size of reliance nippon we are seeing 5X times. As dixon ipo size is 660 crores retail portion comes to 35% ( 231 crores ) so you are seeing 10.8X times in retail portion for dixon. You can check for other IPO''s as well. It depends on size of the issue. Retail people will blindly apply for every issue.
665.6. jajo| Link| Bookmark|
October 27, 2017 6:24:49 PM
Top Contributor (300+ Posts, 200+ Likes)
Because of RPower Ghost is still haunting the RIIs and the very recent bitter experience in GIC IPO
Apne se matlab rakhho na aap...accha hi hai..more chances of allocation
664. R R Patel| Link| Bookmark|
October 27, 2017 6:24:24 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Reliance Nippon Life Asset Management Ltd. IPO: Subscription figures (BSE+NSE) @5:20pm:- QIB - 118.41X** (closed) HNI - 209.44X (closed) Retail - 5.25X (open only for offline form) Total - 81.33X **Excluding Anchor I have applied for listing gain and will remain some portion for long term by ignoring ADAG but keeping in mind the Nippon and this sector. Expected figures was: QIB 125X +++ HNI 200X ++++ Retail 6X ++++ App. wise 5X +++ Very good response from all the categories.
HAVE YOU NET BANKING IF YES, FIRST GO TO PROFILE SECTION AND REGISTER ALL YOUR DEMATE ACCOUNTS, THEN GO TO e-Services and select Demat & Asba Services, in this menu you can easily apply up to 5 applications of diff. PANS
*RELIANCE NIPPON LIFE ASSET MANAGEMENT LIMITED* Final DAY SUBS.FIGURE AT 5:06PM QIB 118.40X* CLOSED NII 209.44X CLOSED RII 5.20X TOTAL 81.31X Retail Subscription on the basis of Apps : 4.10 x
IS IPO KE BARE ME BAHUT SE LOG BOL RAHE HAI KI ANIL AMBANI KI COMPANY HAI DOOBA DEGI TO MERA YE KEHAN HAI KI HATH KI SABHI UNGLIYA BARABAR NAHI HOTI, HAR AADMI KI SARI SANTAN NALAYAK NAHI HOTI ESI PRAKAR ANIL AMBANI KI SARI COMPANY KO EK JAISE DEKHNA GALAT HAI THINK ABOUT IT
*RELIANCE NIPPON LIFE ASSET MANAGEMENT LIMITED* Final DAY SUBS.FIGURE AT 04:54 P.M. QIB 118.40X* CLOSED NII 209.44X CLOSED RII 5.16X TOTAL 81.29X *Excluding Anchor
The fact that RNAM delivers 30% PAT consistently each year - is its USP! Good subscription data - a welcome surprise. Now make hay - for listing gains! Listing cud be around 375!
It is a good show by Reliance Nippon despite all negative news & past experiences of ADAG companies. Let us wait for allotment & listing. Hope allotte will not burn their figures this time.
Reliance Nippon Life Asset Management Ltd IPO is closed for subscription. From tomorrow onward the most likely question that comes up is -when is the allotment,