RITES Limited IPO Message Board (Page 18)

RITES Ltd. IPO
Subscription figures (BSE+NSE)
on last day @2:30 pm:
QIB - 19.49X
HNI - 17.17X
Retail - 11.43X (app. wise 9.41X)
Employees - 0.89X
Total - 15.6X
Figures increasing quickly now and real action already started now.......
Total 1,05,000 lots are available for allotment in retail category so allotment chances going to be very tough, only 9-10% lucky investors will get the allotment approx.
99.9% chances of positive listing. It may give approx 20%+ listing gain.
A must apply IPO.
I have applied single lot.
Apply only single lot.

@Mr. Ghosh
As i know if you have done intrday in equity segment, not in Future & FnO then audit is not required but you have to collect the certificate of Short Term Capital Gain (STCG) from your broker and show your STCG in ITR and pay your tax properly and stay relax......

My Ghosh, Taxation of F&O and Intraday Trading have lots of grey areas, even CA are confused many times. Simply put F&O and Intraday trading are considered as Business income and audit is required if turnover exceeds 1 Cr. But i got to know that for digital transactions this limit is 2 Cr. or if turn over is less than 2 Cr but profit profits are lower than 6% of the turnover then also audit is required. See this article https://sasonline.in/taxation-simplified-traders/

My suggestion: For small investors, its better to become an investor rather than a trader. After taking so much risk and even taking loss and then also worry about taxation and pay CA for audit etc. Instead invest in sound companies and make less transactions, this way you your self can keep track of your profits & loss through contract notes and worry less.

@harit
If u dont get allotment even in firm allotment in that case there is a technical rejection of your application. Please find out the mistake.

For retail segment
Fine org 1.62x
RITES. 15.73x
Final
Fine org. 8 out of 10 will get allotment(apx.)
RITES 1 out of 16 will be lucky(apx)
Bases of allotment will be declared on 27/28 June
Till then wait and pray

@sonal ji
Thanks for correcting me
Actually I also read evening daily yesterday till that I didn't have actual nos. of application vise subscription
But anyway
It looks 1/13 allotment with GMP around 35-45 city to city

Thanks harit Allotment chans Show karne ke leye.

@ harit
These are theory u made without any emperical evidence. PAN no. Is the unique on that basis draw of lot is done.moreover online and offline application both have same probability of getting allotment.further day time of applying are all immaterial.

Biggest discussion about allotment
Haha hahaha hahaha ahahaaa

I am newbee.
I know this is not a relevant topic but still, can anybody tell me,
How do i participate in TCS buy back in IIFL? Will there be a new option on the site or mobile application, after, record date announcement?
or do i have to go to their branch?

You can give a call and ask them to tender the shares.

Cam anybody pls tell me the subscription figures of Bharat 22 ETF FFO in retail segment.

Appreciate the early responses.

Thanks un advance !!

Bharat 22 ETF was subscribed 2.3 times on the final day of offering, with the issue garnering subscription to the tune of Rs 14,000 crore.

Despite the challenging market in the year 2018, the ETF has garnered very strong subscription with encouraging response from FIIs .

The government had targeted to mop up Rs 6,000 crore with a green-shoe option of another Rs 2,400 crore.

Yes one more
Senior citizen in my family have more allotment
Like
My mother got More success
Then my father
Then my wife
Then my son
And finally my self
My record of allotment is so poor that sometimes farm allotment also denied to me
Last 15 month I got only one(1) allotment when ipo is over subscribed more then 3-4x(Mahindra logistics)

*R.I.T.E.S. LIMITED*
*FINAL SUBS FIGURE*
QIB 71.72X
NII 194.56X
RII 15.74X
EMP 0.96X
TOTAL 67.24X
Total No.of FORMS : 13,76,499 on For 1,05,000 Lots
*Apps Wise : 13.11X*
*Estimated Allotment Ratio_ 51:665*


*R.I.T.E.S. LIMITED*
*FOR HNI/NII GET 1 LOT OF 80 SHARES*
IF THEY HAVE MADE A BID OF 15565 SHARES
(RS. 28,79,525/-) & MORE
Interest cost @6.5% for each share Rs 38/- only
*LISTING ABOUT = 185+38= 223/- and more*
*BUT DUE TO HEAVY OVERSUBSCRIPTION BY THE QIBS & NII & ALSO RII, LISTING WILL BE SUPRISING*
There may be a difference between the statistics and the rates of your and my calculation methods, so please do not have any dispute or debate.
Thanks

Dear Huzefa, Thanks for your suggestion. My all transaction in cash segment. So same rule applicable like derivative ?

If the Cash transactions are INTRADAY or BTST where you have traded on Margin then same rule applies.

Rites ipo - i want to sell 15 application with deffirent pan nunbers @ kostak price rs 500

Anybody interested call me or whats aap me 7696101746

Yes, Can anybody put light on application wise oversubscription figure of RITES & Fine Organic ?

Allotment Chanse Ketna Hoga??????

Was any1 able to apply via union bank of India? They have modified there netbanking as well as user details...it didn't allowed me to book for zerodha's account...beryy sad.

Issue resolved...thanks Quality comment.

Yes I submitted my 2 application via union bank of india

Harit and Tinkerbell sir please give last subscription detail of Rites and Fine organic application wise

Amy calculation of lending cost or HNI?(194x)

HNI cost Rs.35+185=220. 194x80=15520.For 15520 shares x 185= 2871200. One has to invest 28 lakh for one lot. For 28 lakh for 6 days for 6% it comes around Rs.35

Thanks raja Kumar
So it is safe to assume that it will list above 220 if allotment come

I think it will give 25-30% profit on listing.It is very good fundamentaly strong IPO.If you hold for long time then also it will give very good return.

My applications are not showing for RITES
In IPO application status link
Is it take time to update link
Please let me know

On listing day 264 to 269 will be. U vl c.

@ ravi king maker
Minimun lot mil jaYega. Yaaro saab duwa karo. Milke fariyaad karo ????

1 lot bhi allotment lag jaay to paiso se jyada allotment ki khusi hogi hahahahha