RITES Limited IPO Message Board (Page 27)

RITES IPO Subscribed 11% in First Hours

Retail app. Wise expected?

Now u will see subscription.. Already 0.30 times in retail..lol..it doesn't matter how many ipos are sailing.. The best will get best response...

It will cross more than 10 times.

Only Sensex and Nifty stocks are doing good,

all other stocks are bleeding, sensex is not justified at 35000

this may be due to manipulation just to show that the economy is in good condition

@RVP
You seem to be new
u dont understand market basics

All recent Govt IPOs saved by LIC

the similar way, probably, Sensex and nifty stocks are being managed

RITES IPO:
Apply without fear. Price is reasonable. Chances are more it will list on premium. Issue size is small. Allotment is tough. Allotment ratio should be 1:5 or more. Chances are almost zero that it will list in discount in any circumstances.

absolutely
I think retail will subscribe x8
Listing might be@210
Retailer profit 2400 on the card
But beware of market sentiment
It can spoil everything

SUBS FIGURE

QIB 0.00X
NII 0.01X
RII 0.16X
EMP 0.03X
TOTAL 0.06X

80x185= 14800/-
After Discount = 14320/-
Min. application Amt.= 14400/-
Now What to do?

@medge 6/- Rs. Disc. per share

No worry, apply with higher band with cut off price, my application got submitted successfully with application amount 14320

Latest GMP of Rites and Fine Organic

How was the anchor list subscription?

Where to check live subscription figure

https://www.nseindia.com/products/content/equities/ipos/ipo_current_rites.htm

Click on NSE bid details

*R.I.T.E.S. LIMITED*
*1ST DAY SUBS FIGURE AT 10:35 A.M.*
QIB 0.00X
NII 0.00X
RII 0.08X
EMP 0.03X
TOTAL 0.03X
Total No.of FORMS : 5,961
*Apps Wise : 0.05X*

Applied 1 Lot only

*R.I.T.E.S. LIMITED*
*1ST DAY SUBS FIGURE AT 10:05 A.M.*
QIB 0.00X
NII 0.00X
RII 0.02X
EMP 0.00X
TOTAL 0.00X
Total No.of FORMS : 2,029
*Apps Wise : 0.02X*

RITES IPO - *Market Estimates of oversubscription*:

RII = 7.5L Forms = 7.14X Applic. wise (Avg allotment of ~11.20 shares per lot)
NII = 10K Crs. = ~150X

Interest cost @5.5%p.a. for 7days = 19.514paise for 1X

Thus, for NII the costing = 150 X 19.51 paise = Rs.29.30 per share (GMP)

And, for RII the costing = (29.30+6) X 11.2 = Rs. ~400/- (Kostak)



RITES IPO - *GMP Expected*

GMP 30
Kostak 400

thanks

Pls update latest GMP .

Ur guidance is a big booster for us.

Can anyone please share Anchor List?

Anchor list may not be there as psu generally opts non anchor route.

Thanks Ankur. Let's wait till mid night.

Bharat-22 ETF: Anchor investors put in Rs 5,163 cr bids, subscribe 3.44 times

HELLO FRIENDS ANYBADY CAN SAY ABOUT BHARAT 23-EFT - I WANT TO INVEST APPROX 30 LAC CAN I OR NOT I HAV 20 DEMAT A/C. ALSO

You can apply if you are interested to play on 2.5% discount. Profit may be 2.5%+-0.5% if underlying stocks do not crack in coming weeks.

sir , did you study past performance of this fund ??? one year return negative 5% . Pls. take my next sentence as Humour , why dont you donate some amount , from 30 lacs you got in dowry ???

Must apply ipo at least 20 % return expectation from listing.From retail portion it will be over subscribe by 10×

J&K govt regines
BJP go out from alliance
Nifty down 90+
what about this ipo now??

9 tcs will give more return than rites

This ipo is not looking good so wait for listing it may open in red if open in red than buy it