i dont know as why people are so confued here... i dont think there will be undersubscription , its going to suck a lot lot of liquidity out of public and retail investors who apply may take 100 % profit on the listing day (may be more,provided the market dont crash during listing week.) , grey market has posted a 100% today and i am sure as the ipo starts and listing date comes closer its going to be fun watching the numbers
this one is no brainer and the count down has already started..
Max shares are 210 * price per share Rs.115/- = 24,150/- is it right? suppose if the IPO is under subscribed. then remaining balance when will be paid. can anybody kindly give me the reply in this regard.
Please recall that even after getting full allotment in DLF we had received cheque which had refund amont at Rs 25 per share. Once the application form will come everyone will have only one option at cutt-off ie Rs 450 (for online applications)whether its part payment or full.
The discount will be given only with refund money if any.
hello JD.are you sure that DLF gave discount before ipo application date. I think discount has been offered afetr application date closed.Kindly reply me back with ur valuable inputs.
We dont have to consider discount while applying. We will have to apply for 450 Rs ie 210 shares only. The discount will come along with refund. So we have to pay 25% of 210*450=94500.....which turns out to be 23625..........The refund will have our discount included. Same was the case with DLF IPO.
may any expert kindly let me know that any retail investor under one lacs can apply for 15 lots i.e. 225*430 (after rs. 20 discount for retailers) or for 14 lots i.e. 210*450
Can anyone tell me whether i will choose partly payment option and apply 855 shares for RS.98325.00 in retail ????? . Is this falls under retail category or not ????
Hi....All Just a quick question? is the discount offered only to ppl who apply for full one lakh application or even it is applicable across the board,and will be available to those who apply for lesser amount also? Regards, Himadree
reliance power aplication premium 9000/-,for RS.100000/-Aplication,grey market premium Rs. 440/-.Apply for it.If you want immediatly sale on listing please apply for fully paid shares.
Hi....All Just a quick question? is the discount offered only to ppl who apply for full one lakh application or even it is applicable across the board,and will be available to those who apply for lesser amount also? Regards, Himadree