This is the new ploy adapted by the promoters to lure investors. Get the issue subscribed on day 1 by QIB and HNI and gullible retail investors will follow. There is no significant increase in the subscription figure of QIB and HNI on day 2 except RII. SO beware of this company.
Total Subscription: on Day 2(on 26.10.2017 at 15.00 IST) QIB : shares offered:12240,000 Subscribed:7.2425 Times NII : Shares offered: 9180,000 Subscribed : 11.5588 Times RII : Shares offered : 21420.000 Subscribed : 1.8082 Times Total : Shares offered :42840.000 Subscribed : 5.4439 Times
Welcome back Eagleye.. Could you pls share expected subscription figures asap. Im thinking if I can apply in HNI though skeptical on ADAG Group and listing gains for HNIs. want to take a call after getting expected over subscription figures from you or king Vinod or any other reliable sources in HNI category.
430. R R Patel| Link| Bookmark|
October 26, 2017 1:28:34 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Reliance Nippon Life Asset Management Ltd. IPO: Subscription figures on day 2 @12:20pm:- QIB - 6.13X HNI - 11.49X Retail - 1.4X Total - 4.91X aaj raftaar kuchh kam hui hai
Ye IPO market me uforia creat karne ki koshish kar raha hai
People estimating QIB 200X 300X HNI 500X 600X Retail 15 lakh Kai topclass issue bi itna nahi bhare to saare iske piche kyo bhag rahe hai Ye Nippon ka kamaal hai ya saare ADAG bhulkar Reliance k piche bhag rahe hai Or lagaataar dhadadhad naye IPO ki aandhi aa rahi hai
So be carefull and cautious and don''t apply blindly.