Spice Communications Limited IPO Message Board (Page 19)

overall subscription till 1.50 22.39 retail segment only 25357995 so near about .76 so apply great chance of allotment and gain listing gain

Grey market premium varies between Rs 11- Rs 18, But final figure will depend on the total oversubscription figures.
It is an excellent issue.
Even SP Tulsian who is always a NO-NO Person has recommended the issue means it is a must apply.

hi friends,

spice tele is a very good issue for this time this is a non official new that this can be give a huge money becuase this scrip on listing and 15 days after can touch 180-190 rs may be from grey market broker .

so make money from this spice and enjoy

gopi

Issue Size 113111111 100%
BSE Bid Quantity
Bid figures are inclusive of optional bidding quantity 2370522915 2,095.75%

gray market primium is only Rs 5-5.50

Hi All,
The BSE Website shows 1,562.09% over subscription.
I think it means it is oversubscribed by 15.62 times.

Can experts clarify?????
Can some one also tell me the oversubcription in the retail segment?

Thanks in advance,

Regards,
Sundaram.J.S.

Spice communacation is a very good offer so do not miss thais opportunity.

what happened with bse web its not working

By how much has retail & NIB oversubscribed till 12:00PM?

Can any1 help me on this?

Where do you get these info from?

http://www.bseindia.com/bookbuilding/newbookbuilding.asp?scrip_cd=153&scripname=Spice+Communication+Ltd%2E&status=L&ir_flag=IPO

overall subscription is almost 10 times as of 12:00 PM.

Go for it.

Experts/Company Poll Result Experts view
R S Iyer
(KR Choksey) Apply
Spice Comm is a very good, fancy issue. The price band of Rs 41-46 is
very cheap. It is an investor friendly issue and looks attractive. It can lift
the IPO market going forward. Looking at the growth in communication
industry, investors can apply for it. One can expect Rs 60 atleast on
listing.
Manish Bhatt
(Prabhudas Lilladher) Apply
Spice Communications is a good issue though it is a loss making
company. Looking at the growth in telecom sector, investors can apply
for the issue.
SP Tulsian
(Investment Advisor) Apply
Spice Communications has been passing through a bad financial phase
and as on 31/12.06 had debt of Rs 1208 crore. The accumulated losses
on 31/12/2006 were placed at Rs 684 crore due to which net worth was
negative at Rs 160.52 crore. The company cannot post its bottomline in
black due to huge interest and depreciation burden of over Rs.325 crore
per annum. Infusion of fresh funds of about Rs 500 crore by proposed
issue would help marginally. Hence, fundamentally it may not be a
prudent investment. However, it is definitely a take-over target, sooner or
later. If that is taken as a benchmark, share of this company gets a
valuation close to Rs 60- Rs 62. Expecting that to happen, one can
consider investment in the stock from capital appreciation point of view.

How much it subscribed till now

aply for spice ...it has a premium of 20 rs. in grey market ......so don't loose it ..as qib portion is alos going to get too many subscription.

Now it has been rectified.

Thanks chittorgarh team.

VMR,

Sorry to interrupt you.

It has been subscribed 342.71% times, that means it has been over subscribed 3.4271 times.
But in chittorgarh website it has been mentioned that "No. of times issue is subscribed (BSE)".

So I can say
subsrition is 342.71% times
OR
3.4271 times over subscribed.

Mark the difference.

The info in chittorgarh website looks incorrect.

Spice Communications Ltd. - Bid detailsLast updated on 26/06/2007 05.00.00 PM
Sr.No. Category No.of shares offered/reserved No. of shares bid for - BSE No. of times of total meant for the category
1 Qualified Institutional Buyers (QIBs) 66666667 380890485 5.7133
1(a) Foreign Institutional Investors (FIIs) 380890485
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)
1(c) Mutual Funds
1(d) Others
2 Non Institutional Investors 11111111 1303695 0.1173
2(a) Corporates 202500
2(b) Individuals (Other than RIIs) 1101195
2(c) Others
3 Retail Individual Investors (RIIs) 33333333 5447385 0.1634
3(a) Cut Off 5058855
3(b) Price Bids 388530
4 Employees 2000000 0
4(a) Cut Off
4(b) Price Bids

Hi Guys,

The detail of OVER SUBSCRIPTION is available in the link below.

http://www.bseindia.com/bookbuilding/cumudemand.asp?scrip_cd=153&ir_flag=IPO

FYI...........

It is still undersubscribed in retail section as provided in the link above.

Be careful.

Guys, I was also doubted, but the reality is 342.71% over subscribed. Checked the BSE site, total bid qty was 387641565, and issue shares qty is 113111111. Wow...

Hi Guys,

The subscription status looks false. As per my information, it has been subscribed 3.4271 times. I got the info from BSE India web site.
http://www.bseindia.com/bookbuilding/newbookbuilding.asp?scrip_cd=153&scripname=Spice+Communication+Ltd%2E&status=L&ir_flag=IPO
Check the above URL.
Whosever is claiming Spice to be subcribed 251.20%, please prove yourself.

I tried to get info regarding subscription in QIB, Non - Institutional, etc, but could not get it. If anybody gets it, please publish the same here.

Thanks

How to find individual subscription..??

How much has it subscribed in retail...???