The total shares for offer are 95,708,984 and expected price range of 420 to 450 so the issue size becomes 4000+ cr however the size expected is 2200 - 2300 cr so little confused, experts please guide to solve this puzzle for me.
455.1. Paymzia| Link| Bookmark|
October 22, 2023 7:25:36 AM
IPO Guru (2700+ Posts, 4700+ Likes)
In aeroflex ipo Shareholder have lottery system till 14 lot After that proportionate share alloted . Is same method follow in tata ipo . Or proportionate allotment is even applicable for those who applied for one lot only.
Hi, Can someone kindly explain proportionate allotment with an example? If the shareholder quota is oversubscribed 10 times how will allotment take place? Will applying for full amount increase chance of allotment?
@Samudrika ji, if SH quota gets subscribed 10x then every applicant will get shares worth 10% of the amount bid for, subject to some min qty, probably 1 lot. Suppose you put in a bid for just under Rs 2 lacs, then you will get shares worth around Rs 20k.
@Samudrika ji, Proportionate allotment means a 2L applicant will always have double allotment (or double probability of allotment), irrespective of subscription. This is to the best of my knowledge and experience. However, some questions will best be answered only when RHP is filed.
444.7. ipobull| Link| Bookmark|
October 20, 2023 12:21:44 PM
IPO Guru (1000+ Posts, 1000+ Likes)
You shall have 1/10 probability. So, its entirely luck factor. Proportional allotment does not happen in true sense. Its very difficult to get allotment in both HNI as well as Retail nowadays with such high subscription figures. You make more money buying post listing like in JSW.
@Eagleye@newgen consultancy@B.M.SURANA Hello, sir, madam, what will be approximate ROUGH PRICE band for TATA TECHNOLOGIES ?or any expert kindly guide ,as i can see GMP rate everywhere .
441.1. Paymzia| Link| Bookmark|
October 18, 2023 4:22:17 PM
IPO Guru (2700+ Posts, 4700+ Likes)
Between PB 400 to 420
441.2. B.M.SURANA| Link| Bookmark|
October 18, 2023 5:10:24 PM
IPO Guru (2700+ Posts, 5300+ Likes)