If if buy SBI ( SBI Bank ) Shares today or tomorrow will i be eligible to apply SBI Cards IPO under shareholder quota ? Also what is the minimum number of shares required to be eligible? Please suggest. TIA!
Yes eligible till the RHP is filled as of now only at DRHP stage. so you can buy sbi share even now and be eligible under shareholder. But this discussion should be in SBI cards forum not here
even a single share can make u eligible under shareholder category given u have that share in ur demat by the cutoff date.. u need to buy 2 business days before the cutoff date, so that shares will be credited to ur demat by that cutoff date(settlement=T+2 days).. so buy 1 share tomorrow
PS-i dont think we'd need shareholder quota too for sbi cards ipo, considering the size of the ipo.. n especially, retail quota is going to be big(35% of the issue)
भाई जी ,आफर फार सेल यूटीआई ए एम सी (मूल कम्पनी)के माध्यम से ही लाया जा सकता है क्योंकि लिस्टिंग यूटीआई ए एम सी की होनी. है। और सेबी के नियम से समान कारोबार होने के कारण तीनो बैंको की शेयर भागीदारी 10% से अधिक नही होनी चाहिए।हो सकता है एल आई सी को भी आदेश दिया गया हो। दो चार दिन मे पीएनबी भी घोषणा कर देगा। मार्च से पहले यह सब करना आवश्यक है।
Total Shares to be Alloted in Shareholder Category. Rejection assumed 5% For, 5600 Shares 664 Allotted 2800 Shares 531 Alloted 800 Shares 432 Alloted**
This is almost Final Error of Margin Max 5% All Approx Figures. Working is going. Friday All will be Finalised.
i hv doubt. Allotment mention for QIB and SH is proportionate basis. This means upto 4 lots it is lottory and above that it is confirm proportionate . For eg for 12 lots it is 12/4 = 3 lots that is 1200 shares app. ? Pl confirm
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December 5, 2019 7:34:47 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Arjun Ji, how it is possible that on 2nd lot you are allotting 32 extra and on 7 lots you are allotting 131 extra. Might be some calculation mistake. According to you on 2800 one should get 192 extra i.e, 592 shares. Clarify if I am wrong.
होना तो ऐसा ही चाहिए की जिसने ज्यादा लोट लगाया हे उसको सुबकरिबक्स अनुपात में अल्लोत्मेंट मिले जैसे अगर आपने शेयरहोल्डर कोटा में 12 लोट अप्लाई किया हे और ये कोटा चार गुना सबकरिबक्स हुवा हे तो 12/4=3 लोट मिलना चाहिए निवेशक को अगर कोई मेरी बात से सहमत ह तो पसंद करे एंड कमैंट्स
@purushottam U got it..This is wrong calculation..There is no resemblence between lots and allotment quantity if one is to get 32 extra shares per lot..And the most imp thing to note..Any quantity remained unsubscribed should be alloted on proportionate basis..
@small It won't and shouldn't work that way..This way only the people who have huge amount of money will get lots and small investors won't get anything..The motto is that all the successful apps should get the min lot and then the rest of the remaining lots should be alloted on proportionate basis..
I think Arjun is helping us in getting some information from his source. His data will be very close to actuals. Let's not start debating on it. His data is very useful for us. It's for you how you utilize his data.
Even based on his data, I had forecasted exact overscription for shareholders category accurately on 1st day itself. See my earlier posts for reference.
Let's wait for the basis of allotment from the registrar officially.
@amit We don't know even now how much it has subscribed app wise in SH cat..I don't want to demoralize anyone's efforts but if u get wrong info then it's better to be ignorant..And don't jump to the conclusions about SH app wise subscription so early..We would know about this only after basis of allotment is published.
Bank of Baroda on December 9 said it will take part in the proposed IPO of UTI Asset Management Co Ltd by way of offer for sale of up to 1.04 crore shares. "The Investment Committee of our Bank in its meeting held today has approved the participation of Bank of Baroda in the proposed initial public offering of equity shares of UTI Asset Management Company Ltd," the bank said in a regulatory filing
मेरे विचार से तीनों बैंको की हिस्सेदारी को मिलाकर पब्लिक इश्यू आएगा । यह इनकी सब्सिडियरी नही है ब्लकि यह यूटीआई मय्चुवल फंड मे शेयर होल्डर है और अपनी इक्विटी को बेच रहे है ।इसलिए जरूरी नहीं है कि अपने शेयर होल्डर को रिजर्वेशन देंं। आफर फोर सेल यूटीआई की ओर से आना चाहिए क्योंकि लिस्टिंग यूटीआई मय्चुवल फंड की होगी
After sbi and bob, Maybe Lic will also take part in ofs.. Because SEBI forcefully ordered for it.. To keep stake below 10% in AMC's This order not applicable for pnb, because pnb has own amc subsidiaries So maybe total ofs 10459949 x 3
This is to inform you that no shares have been allotted for your ASBA application for UJJIVAN SMALL FINANCE BANK LIMITED having application no, Hold of Rs 14800 is removed and funds are now available for use