Thyrocare Technologies Ltd IPO Message Board (Page 51)

allotment date ???

THYROCARE TECHNOLOGIES LIMITED

26/Apr/16 – Participation by Anchor Investors
27/Apr/16 – Bid/Offer Opens
29/Apr/16 – Bid/Offer Closes
04/May/16 – Finalisation of Basis of Allotment
05/May/16 – Unblocking of Funds from ASBA
06/May/16 – Credit of Equity Shares to Demat Account
09/May/16 – Commencement of Trading on NSE/BSE

2 application for every 13 application Approx will get 33 shares ONLY................ good luck boys an gals

Thanks a lot for your explanation.

@Septa, From Where we can see number of Application for any IPO?
Can you please provide link ?

Thyrocare Technologies Limited               

Subscription Figures as on 29 Apr 2016 | 9 PM

QIB: 73.18x        

HNI: 225.3x        

Retail: 8.71x       

Total: 73.54x      

No. of Apps approx:735089

Eagleye please respond to my query.

http://www.bseindia.com/BseGraph/charts/BarChart.htm?id=1103&Flag=CIPO&Comp=Thyrocare%20Technologies%20Limited

in above link i can see cut off applications are very less, if allotment is done at cutoff price which is 446 then chances of allotment is more because rest all bids will be rejected. Please let me know if my understanding is correct

Most of the other bids would be @ 446/-.

Thyrocare Technologies Limited
Subscription as on 29 Apr 2016 | 10:00:00 PM
QIB: 73.18x
HNI: 225.3x
Retail: 8.72x
Total: 73.55x

No. of Apps approx: ~735915

No. of times - Applicationwise 6.46x

Is it final figure ? Or yet upload rii application?

RII still going on

Septa or Eagle eye or any expert pls reply :
I have done first time asba application thru bank. Submitted form today, but amount not blocked upto now. How many days it will take to reflect block?

Ifs put it offline it take a day or two for blocking which is important with SMS and email sometime u get sometime u do not get nothing to worry

That''s perfect reply septa. Mr nmg what u r telling is applicable for icicidirect account where immediate blocking done, but my query was for as a form submitted to bank as I have trading account with sharekhan

Dear MM,
Why good news... Chances of allottement are diminishing.

:))))))))

The Retail applications are still being uploaded ... Time further extended indefinitely ... until all forms are uploaded completed ... this issue has broken all previous records in terms of RII participation !!!

Power to the Common Man ... HOORAY !!!

My Application number not fetching any results on bse/nse ? Any thoughts mate ?

Missed boat applicant seems benefiting of this rule with further applying

100 out of 634 may get allotment in retail

Application number seems to be of state bank group with branch code asba, i also got such application number 20073 may be sbbj.

Plz give ur complete application no n pan no sarah...we can chk

The article covers how RII allotment process done.

How IPO shares gets allotted to retail investors

A series of recent initial public offerings (IPO) saw good participation by retail investors. In almost all the good issues, the quota for retail investors was oversubscribed. This is a good signal for the market as it shows significant interest from investors in equity as an asset class.

However, retail investors who had applied for some recent IPOs seem more confused as there is no logical explanation to the manner in which shares were allotted. For example, in the issues of Alkem Labs and Dr Lal Pathlabs, where retail portion was oversubscribed over three times, several retail investors have complained they did not receive even a single lot of shares despite subscribing to the full quota of Rs 2 lakh.

The method used to allot shares were changed in 2012 by the Securities and Exchange Board of India (Sebi). But the allotment process has come under investor scrutiny as there is renewed interest in some of the high-quality issues in the recent times.

In order to understand the rationale behind the allocation, we need to look at the guidelines issued by Sebi. Firstly, we need to understand that applications are segregated into three categories -- institutional or qualified institutional buyer (QIB), NII (non-institutional investors) or HNI (High-networth investor) and retail individual investor (RII).

In the case of QIB, the merchant banker has the discretion to allot shares. In the case of QIB, shared are allotted proportionately. Thus, if shares are oversubscribed by say, five times then an application for 1,000,000 shares will receive only 200,000 lakh shares.

But when it comes to retail investors, the process is a little more complex. First of all, only RII are allowed to invest in smaller lots worth between Rs 10,000-15,000 as compared to Rs 5,000-7,000 before 2012. A maximum of Rs 2 lakh per IPO can be applied by an applicant in the RII category.

The total number of applications received in the RII category is grouped together to determine the total demand in this category. If the aggregate demand in this category is less than or equal to the retail portion at or above the offer price (in case of a book-build operation), full allotment may be made to the RIIs to the extent of the valid bids.

However, if demand in this category is greater than the allocation in the retail portion at or above the offer price, then the maximum number of RIIs who can be allotted the minimum bid lot will be computed by dividing the total number of equity shares available for allotment to RIIs by the minimum bid lot, this is known as ‘Maximum RII Allottees’.

Assuming that there are shares worth Rs 10 lakh to be allotted in retail segment and the minimum lot size is worth Rs 10,000. Thus only a maximum of 100 applicants will be receiving the minimum lot of Rs 10,000. Since Sebi says that no RII will be allotted less than the minimum bid lot, in case of over subscription, allocation of shares lower than the minimum lot is not possible. In this case, the Maximum RII Allottees are 100.

In case there is a small oversubscription then first the minimum lot is distributed among all participants and then the balance available equity shares in the retail portion shall be allotted proportionately to the RIIs who have bid for more than one minimum bid lot.

But in case the number of RIIs is more than Maximum RII Allottees, the RIIs (in that category) who will then be allotted minimum bid lot shall be determined on the basis of draw of lots. The draw of lots is now a computerised process and thus there is no room for partiality.

yes the final figure will be different. history rejected application due technical and data mismatch is around 1% to 2% so overall scheme of things this not have much impact

i submit physical application to bank BUT AMMOUNT NOT BLOCKED WHAT I HAVE TO DO.

Eagleyeji,

Thyrocre latest last subscribstion figure in retails app form ?

Any update of GMP in thyrocare and ujjivan???

Dear Eagleye,

I have applied for Rs. 2lakhs in HNI category.
Will I get any allottment? If yes How many shares?

What is the rule for HNI allottment.

Thanks Septa.

Whats your recommendation for Ujjivan - HNI or retail?

Retails multiple application and then buy more post listing keep for few years to see ur investment grow few folds

Looking at the no of applications till now, seems only 14-15% LUCKY RETAILERS will get allottement.
Worry abt listing date & price only after getting allottement....
Septaji & Eagleye.. Pl no of applications.

Global market sentiments r negative.
European markets r down by more than 2.5%
On Monday, there could be selling pressure in Indian Markets.
Chance for accumulating good quality stocks on dips.

will i get allotment i have applied for one lot only ? eagleye please reply

If u lucky

Hi Mate,

U got approx 12.5% chance of getting 1 lot. Coz approx 1 out of 8 lots will get allotment.

So, chances are very less mate.

May be final number will be different however not much so could safely go with this figure
Thyrocare Technologies Limited
Subscription as on 29 Apr 2016 | 07:11:19 PM
QIB:73.18x
HNI:225.3x
Retail:8.57x
Total:73.47x
No. of Apps approx:~722390

With Thyrocare = 1,13,959 Forms

2 application for every 13 application Approx

Thyrocare Technologies Limited
Subscription as on 29 Apr 2016 | 07:11:19 PM
QIB:73.18x
HNI:225.3x
Retail:8.57x
Total:73.47x
No. of Apps approx:~722390

Septa Ji...Are you from chennai ? If in chennai...which is the restaurent you are taking him to..I also wanna hv good meal of mallu food ..it s been long :D

Yes i am from chennai took him to Ente Keralam

so finally allotment probabilty kiya hai..application wise oversubscrption kitna hai retail mai

i have applied for one lot only will i get it ?

If u r lucky in Lottery system

raji ji i think lottery is for those who applied more than one lot else everyone should get atleast one lot