QIB subscription is almost 52% of MarketMaker''s portion - which is good sign. In addition to that, overall subscription is 6.75x (once again RIIs subscribed heavily). So, there is very less chance for RIIs to get allotment. Those who gets allotment, you can expect healthy long-term gains. Beware that the issue price makes its PB as 2.8 (dont expect the price to go above 40% in near time). Disclaimer: I didn''t apply for this IPO (as my fund is blocked in Salasar).
53. COMMONMAN| Link| Bookmark|
July 19, 2017 5:54:22 PM
Top Contributor (300+ Posts, 200+ Likes)
Final Tally : Total Subscribes : 6.73 Times RII : 10.62 Times NII : 2.78 Times
In Retail Only 249-250 Application Will Go through.
52. COMMONMAN| Link| Bookmark|
July 19, 2017 3:57:47 PM
Top Contributor (300+ Posts, 200+ Likes)
Bid Details for UNIVASTU as on 19-Jul-2017 14:50:01 IST Sr. No Category No of shares bid for 1 Qualified Institutional Buyers(QIBs) 0 1(a) Foreign Institutional Investors(FIIs) 0 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 1(c) Mutual funds 0 1(d) Others 0 2 Non Institutional Investors 14,40,000 2(a) Corporates 90,000 2(b) Individuals(Other than RIIs) 10,26,000 2(c) others 3,24,000 3 Retail Individual Investors(RIIs) 52,11,000 3(a) Cut Off 0 3(b) Price bids 52,11,000 Total 66,51,000 Retail : 6.96 Times NII : 1.92 Times TOTAL : 4.44 Times
Now looking @ Subscription Figures , Confidence Has Increased.
Galaji,prabhakaranji and common man this issue is look good and competitive in price but still very poor response. After 4 day less hni involvement it is known last day they will drive mean today but still all u think it is applyable?
46.1. COMMONMAN| Link| Bookmark|
July 19, 2017 11:03:28 AM
Top Contributor (300+ Posts, 200+ Likes)
I Have Applied 1 Lot, Expecting 5-10% Profit Possible in Listing to Short Term.
45. COMMONMAN| Link| Bookmark|
July 15, 2017 3:44:20 PM
Top Contributor (300+ Posts, 200+ Likes)
Hi, Prabhakranbhai, Galabhai Any Rewiew On This. Is It worth Applying, Any Chance To Make 7-10% On it ... ???