hi dont believe on these gray market premium news that all are just to miss guide the people sell ur all shares at listing may be it would be around 300 or 350
i cheked the gey market premium it's beyond thinking..it's more than 125 % of issue price ...it's 350 to 380 ...so may list around 600 on the first day .
Arjun, One can check the categories eligible to apply in IPO on the NSE website. While the issue is open, click on its link on the NSE main page, then check under "Categories".
No surity about Allottment. I have applied for minimum & maximum bid in ICRA IPO. But, got full allottment in minimum bid & nothing in max. bid. Registrar is same i.e. Intime Spectrum. This market is full of illegal persons. Just think how can this thing happen as it has occured in my case.
BID lot was 25 in vishal ipo. you have applied for 350 shares,mean 2 say 14 lot. retail portion is subscribed 50 times.so your chances r 50:14,100:25,25:7.(as d basis of allotment finalise). issue is subscribe so heaviley,and maximum application at cutoff price.ipo price will b 270/-.so only those application will be considered who have applied at cuttof price. basis of allotment will not be affected considerably by application of lower bid price. allotment in this ipo requires a VISHAL luck. grey market premium is Rs.500+
wish u goodluck for getting alltment in such a blockbuster ipo.