616.1. Venkatram| Link| Bookmark|
April 29, 2016 12:58:06 PM
Top Contributor (300+ Posts, 100+ Likes)
Listing around 9th May refer to earlier posts in this forum. I think given the trend in the subscriptions predictions of 750+ listing may well be achieved. As for buying on listing. check your risk appetite are you ok with a stock close to 75 PE? if yes then go ahead. I doubt u will get 2 lots max is 1 lot if you are in the lucky list of RIIs.
In retail, it seems, no of applications can touch 6 lacs, 18-20% allottement. No point in tracking no of times in retail, It''s no of forms that matters
Hi, I have already applied for 6 lot but i wanted to apply for 10 lot. Now if i cancel the application and apply for new 10 lot what will be the consequences?
In this IPO max 1 lot will be alloted. And your chances of allotment remains same whether you apply for 1 lot or 6 lot or 10 lot. So enjoy and do nothing :)
Looks liek recent hiccups from Japan / China has slowed down the response from QIB and NII. Current status @ 11 AM - QIB - 1.23 %, NII - 3.3.6%, RII - 5.0801. Overall - 3.6%. Retail has given thumbs up for the IPO but QIB still not picked up, hoping that it goes past 30x (at least) by 2 PM, otherwise 20% premium is the MAX it can command in the initial price discovery and then Retail investors will start the mass profit booking.
597. Khemka| Link| Bookmark|
April 29, 2016 11:10:04 AM
(1000+ Posts, 400+ Likes)
Don''t thinks Rii will be more than 7/8 times oversubscribed,