Retail category is going to be oversubscribed by around 30 times, even for 1 lakh full application also allotment will be in lottery. Better avoid this
I DON'T UNDERSTAND WHY PEOPLE ARE CRAZY FOR THIS IPO I KNOW THIS IS GOOD IPO BUT SEE ALSO NUMBER OF SHARE TO BE ALLOTED IN RETAILS CATEGORY U ALLOTMENT WILL BE DONE ON LOTTERY BASES.
Tentative Dates ~~~~~~~~~~~~~~~~~ Basis Approval Date on or before 15-Nov-2007 Refund / Credits on or before 16-Nov-2007 Listing on or before 24-Nov-2007
Can anyone let me know that if issue is oversubscribed, what are changes of allotment thru lottery if i apply for one lot or full lots ?? Is there any criteria in lottery that who has applied max lots will have higher chances of allotment then who has applied for min shares ??
i think we have to apply max no. of application in religar's IPO. leave rest things on what allotment basis will be. if anybody will get he will surely remember religare's ipo. broking is much more attrective business in this rally. apply as much u can. this ipo will be a multi bager story in future time. this will be a lotery if you will got some allotment.