As i have been reading in various posts...it doesn''t matter whether we apply in the First Slab or the 13th Slab, the allotment depends on the number of forms submitted and that every one would get the 1st slab shares....... Is it true?
Earlier it was on the number of times the shares were o''subscribed.
What is this Forms submitted thing? So now is it more wise to apply in the 1st / 2nd slab?
Since last year SEBI has made new rules for Retail IPO share allotment so that ma applicants in retail are allotted shares
Thyrocare case may be taken as sample
Retail quota is 37.60 lac shares minimum lot 33 shares
Case 1. If 1 lac application are recieved in retail every one will be allotted 33 shares and left over shares will be distributed proportionately to applicants for 2 lots and above
Case 2. If 1.5 lac application recieved the 33 shares by lottery and no one will get more then 33 shares
Thyrocare have recieved around 7 lacs applications in retail so only 33 shares by lottery irrespective of quantity applied for
751.1. Eagleye| Link| Bookmark|
April 30, 2016 10:21:24 AM
IPO Guru (6600+ Posts, 21900+ Likes)
not correct .. QIB 7,013 Crs NII 16,195 Crs RII 1,464 Crs
It does not total upto 25K Crs. ... please ask your source of information .....maybe he has made a typological error
751.2. Septa| Link| Bookmark|
April 30, 2016 10:54:38 AM
(4000+ Posts, 4600+ Likes)
actual lokesh has taken the total subscription times multiple by the issue he should actual take total issue minus anchor investor multiple by number of times issue is subscribed
You stand same chance if you apply any quantity 1 lot to full lots. Better go for 1 lot only to block less fund and stand same chance of allotment with a person applying for full lots say 2lacs
749.2. Eagleye| Link| Bookmark|
April 30, 2016 10:23:51 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Your probability of getting an allocation is 15.47%
Hi i have applied Thyocare through SBI ASBA services, in that which is the application number that i can use to verify with the NSE regarding the application status .
I had received SMS as well mail from BSE on thyrocare. Comparing similar forward P/E multiple as of Dr lal, stock should list @800/- per share. Enjoy allotment and listing, who would be allotted.
My 4 bids got messages and email from BSE, but my 5th application dosen''t get neither sms or mail. What to do? How to check bid status if possible? Please reply
I applied fir both ipo on 28april at 7pm by online banking. I got application number online bt didnot receive any msg from BSE which i got at the time of equitas ipo time. Did i make mistake by applying after 5pm.
@ Eagleye the above figures are final and issue is closed apart from this No.of forms are approx "736732". One request avoid " ji " as I''m of the same age as you are and still learning and want to learn more form everyone present here.