Reliance Nippon Life Asset Management Ltd IPO Message Board (Page 51)

I have applied for 6lots, If the RII subscribed 6x, will I get 1lot for sure???
Seniors please confirm

What will be the position if I invest from the category HNI/NII?? Lottery only??

This is not the method of allotment.
When there is oversubscription & no of applications is more more( than shares available for allotment/ no of shares in 1lot ) then a draw of lots shall be the basis of allotment for one lot

Subscription @ end of day 2

Qualified Institutional Buyers (QIBs) ------- 9.80x
Non Institutional Investors (NII) -------------16.16x
Retail Individual Investors(RIIs) ------------- 2.38x

Total --------------------------------------------- 7.45x

Apply or Avoid it should be Investors own decision.

Qualified Institutional Bidders (QIBs) are not allowed to withdraw their bid after the closure of the bid

Chances of widrawal by NIIs is very low (excluding individuals other than RIIs) as they were generally subscribe on last day after detail study on prospectus of the issue.

Issue will be heavily oversubscribed on last day.
Negligible chances that listing of this issue will be in Discount (may also depends on global & local market conditions)

Thanks PM, that was helpful.

NLC India OFS Final allotment price

It will be between 95.75 to 96.

Jydp
You are forwarding incorrect information
Today''s figures as per NSE upto 05.00PM
the total subscription figure is 7.45 times
Even yesterday''s total was 4.64 times on NSE upto 05.00PM
Please have some correct source of information

Total Bid Details
(Reliance Nippon Life Asset Management Limited)
Qualified Institutional Buyers (QIBs)      9.8025
Non Institutional Investors(NII)      16.1593
Retail Individual Investors (RIIs)      2.3822
Employee Reserved      0
Reservation PortionShareholder      0
Total      7.4552

wrong information here,
actual bid details are as follow
QIB- 5.35 times
NII- 1.94 times
RII- 0.63 times
overall- 2.26 times

sorry, as i didn''t added BSE data

I thiink this is only nse data.

Reliance Nippon Life Asset Management Ltd. IPO:
Subscription figures on day 2:-
QIB - 9.8X
HNI - 16.16X
Retail - 2.38X
Total - 7.45X
Good figures as on day 2.

NII QUOTA blocked by karvy Broking Ltd

Qualified Institutional Buyers (QIBs)      9.8025
Non Institutional Investors(NII)      16.1593
Retail Individual Investors (RIIs)      2.3822

NII quota has only 11.52 due to karvy company is not allowing our bidding in NII quota

Karvy is fraud... you will not get single lot due to karvy...

Qualified Institutional Buyers (QIBs) ------- 9.80x
Non Institutional Investors (NII) -------------16.14x
Retail Individual Investors(RIIs) ------------- 2.25x

Total --------------------------------------------- 7.38x

Reliance Nippon IPO karvy computerized system is not allowing NII quota...

Reliance Nippon premium suddenly down to 69/72

Which city

know no buyer in 69 also . A NIL ''S IPO

Ahmedabad

kostak...?

      Qualified Institutional Buyers (QIBs)      9.8025
Non Institutional Investors(NII)      16.1401
Retail Individual Investors (RIIs)      2.2238

Karvy Broking Ltd is blocking NII QUOTA...I am trying since morning 10 am

Karvy NII QUOTA does not have NII QUOTA...I am facing problem in bidding

Total Bid Details
(Reliance Nippon Life Asset Management Limited)
Qualified Institutional Buyers (QIBs)      9.7025
Non Institutional Investors(NII)      11.5979
Retail Individual Investors (RIIs)      2.1471
Employee Reserved      0
Reservation PortionShareholder      0
Total      6.3352