Though India is in a reality boom, lion's share of the benefit goes to the QIPs. Retail IPO applicants are getting the minor shares only. We are hopeful that the torch bearers of equal opportunity providers will soon remove this inconsistency/incongruity. After all discrepancy breeds negative reactions.
i have applied 150 shares of sobha @640 can any one tell me when it is going to get alloted and what would be appr allotment who have applied for 150 shares.
Earlier i applied for 100 Parsvnath shares @ cutoff. But i didn't get any number of shares in allotment. But i heard in the board that who applied for 60 shares got 10. Then what will be the allocation criteria ??
i applied for 150 shares @ cutoff and i am hoping to get 10 shares . premium as of now is 750 rs poer share which means i should make 7500 rs on an investment of 96000 in 22-25 days which is a very decent return