Snowman Logistics Ltd IPO Message Board (Page 13)

When will listing

a Cropchem Limited IPO
Offer Period      Offer Opens On : Friday, September 05, 2014
Offer Closes On : Tuesday, September 09, 2014
Price Band      INR 145 – INR 156
Bid Lot      90 Equity Shares & in multiples thereafter
Lead Manager      Edelweiss Financial Services Limited & IDFC Securities Limited
Registrar      Karvy Computershare Private Limited
Offer Structure      
Offer      22,555,124 Equity Shares

QIB      Not less than 11,277,561 Equity Shares - 50% of Net Issue Offer
NIB      Not less than 3,383,269 Equity Shares - 15% of Net Issue Offer
Retail      Not less than 7,894,294 Equity Shares - 35% of Net Issue Offer
Company Brief      

Sharda Cropchem Limited, a crop protection chemical company engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally. It is also involved in order based procurement and supply of Belts, general chemicals, dyes and dye intermediate

SNOWMAN Bid upto 12.00 pm
QIB 1.78
NII 8.15
RII 20.66
Total 5.46

where can we see live cumulative bidding status?

No registration required if u apply more then 2 lac then u will be become NII investor...nothing else.

thanks for reply

Can we change the bid to reduce the lot size once we have applied in ICICIDirect??

how come snowman has kept retail quota at 15 % NII at 35 %
who can apply in NII quota, do we have to prove or register for this quota
please reply if any body know this rule

See Comment # 24.

Apply for 2 lacs or more for better chances.. !

should i apply as HNI OR FULL RETAIL ( 2 LAKH ) FOR BETTER allotment chances??
please some expert reply with logic

THOSE WHO WANT TO APPLY IN HNI CATEGORY HAS TO APPLY BY ASBA ONLY.......LATEST GMP 24/25 APPLI...550/650

I will apply tomaro for 30000/shares in HNIs categry.

Not a big thing .. it is less than 6 lacs !! and you want to be called as HNI.

Fireball, applying in HNI will give you more chance for allotment compare to retails. as in retails total shares are just 42 lakh.
There is no in applying full application when in retails is already subscribed 13 times in 2 days. Now its clear that no one will get more than 1 lot in retail. Even if you apply 1 lot or full application.

1Qualified Institutional Buyers (QIBs)      22050000      32864100      1.49
1(a)      Foreign Institutional Investors(FIIs)            2550600      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)            16630200      
1(c)      Mutual funds            45900      
1(d)      Others            13637400      
2      Non Institutional Investors      6300000      5180700      0.82
2(a)      Corporates            1841100      
2(b)      Individuals(Other than RIIs)            3141900      
2(c)      others            197700      
3      Retail Individual Investors(RIIs)      4200000      54335700      12.94
3(a)      Cut Off            48172500      
3(b)      Price bids            6163200      
Total      32550000      92380500      2.84

whats d current premium...

THOSE APPLYING FOR FULL APPLICATIO IN RETAIL PLS APPLY WITH 201000/ AND ABOVE IN HNI CATEGARY THERE ALLOTMENT IS ON PERPOSHANATE BASIS AND THE HNI CATOGERY WILL LESS SUBSCRIBE THEN RETAIL. BIGGER CHANCES OF ALLOTMET

HI money ,
can you inform who cna apply in NII quota , do we need any regitartion

RETAIL 13 TIME FII 1.5 TIMES HMI .8 TIMES RETAIL GETTING MAD ABOUT THIS IPO.I AM NOT APPLYING IN THIS IPO BCOS OF VERY HIGH SUBSCRIPTION MAY BE MORE THEN 40 TIMES

RETAIL 13 TIME FII 1.5 TIMES HMI .8 TIMES RETAIL GETTING MADE ABOUT THIS IPO

Is anyone talking about fundamentals of this company or we are blindly relying on brorkers call? How do brokers earn income.. by borkerage.. irrespective of whether you earn or lose money. This IPO is priced at PE of over 35 FY 2013 earnings while its parent company is available at PE of 20. This is the precise reason participation of institutional investors is not good so far.

Guys check Wonderla holidays allotment. you will come to know that those who applied for 1 lot also got the same number of shares as those applied for full application.

Those who want to apply for full application, can apply under Non Institutional Investors (NIIs) category.

whts d new rule of listing? allotment happens in how many days n listing in how many days?? any one?

those who apply maximum lot they will have chance of allotment will be more or not? kindly advise.

NO. in case of issue is fully/over subscribed then allotment will be done on number of application irrespective of their size

retail is already 2x..on 1st day still 2 days to go ,better apply it n njoy d listing price

It seems hard to get shares in retail category. Can the retail investor apply as non-institutional category?

Yes. If you are interested to invest more than 2L.