Religare Enterprises Limited IPO Message Board (Page 51)

guys i agree that it is very good issue but look its suscription on day-i which is for QIB-9 & RETAIL-1.4.my advice is to either go for full amount i.e 525 share or for huge ipo coming up mudra(1500cr).its g.m.p is also very and u will get very good allotment.

CNBC-TV18’s stocks editor, Udayan Mukherjee:

Religare Enterprises should go through quite easily. I don’t know how much stock people will get but bidding would be frenzy. One more brokerage stock comes into universe, visible player, very aggressively grown in the last few days and very aggressive plans for the next couple of years particularly in the Northern half of the country.

I don’t think Rs 185 makes it too expensive; they should go on to do Rs 10 earning next year, something close to that, sub-Rs 20 PE multiple this year’s earnings, I think it will fly. It will be hugely oversubscribed and I don’t think people will get too much subscription but this one is an easy one. It has come in at good price point and I think it is fairly compelling story to sell.

good ipo

Good ipo but chances of allotment is very low

Religare is the best issue.One may get 80% return on day one of listing.

hi ipo, i dont think that your money gets stuck for one month, it has never in my case. with which bank you have your account.

does any one know what will be the basis of allotment? I mean, whether it is proportionate basis (they will give al least some share to everyone like in power grid) or based on lottery system (they will give minimum 35 shares to luck person like in TAKE SOLUTIONS or in Omnitech InfoSolutions). I am planning to apply for one lakh application. if it will sub by lets say 40 times in retail then max application people will get min 35 share (one full lot) in ration of 15:40, or every one will get min 13 share in max application?
PS: all the figures above are just for reference and not based on any calculation.

I have two demat accounts one in indiabulls and another in icicidirect. Is it allowed and legal to apply in both accounts for any ipo.

Religare oversubscribed 1.41 times in retail category as of today according to NSE website.

Can u tell me
How many times Varun Ind. suscribe tilltoday in retail catagory

Hi Buddies
Can anybody let me know the grey market premium for RELIGARE IPO

Hi Mr. Dinesh,

185 X 35 X 15 = 97,125

185=upper band
35=min share
15=mulitple of 35

Hello all,

It seems that Religare IPO applications have not reached my city yet. And tommorrow is the national highway bandh in my city and transportation disrupted. What do i do?
:-(

for one lac how many times u have to apply?

religare fully subscribed

i think that it should list around (rs 500 ) so be careful

How many shares will allot for 1 lac

already oversubscribed 3.42 times on day 1- do not apply= will get you money locked for 1 month and then be dissapointed for getting nil shares.

That is illegal mandava...
you can only one demat account

very tough to get the allocation. for higher absolute returns invest in mundra too instead of putting all the money in religare.