Basis Of Allotment .. The formula adopted in Shemaroo International may apply to this also. Refer Basis of Allotment for Shemaroo Retail Investor Category Oversubscribed by 8.3 times i.e. for the earmarked 27.45 lakhs of shares , there was a demand for 2.28 crores applied through 179736 applications. 85 shares were allotted for each successful application. i.e for 27.45 lakhs shares and for allotment of 85 shares per application, only 32295 applications were selected for allotment. (32295 x 85 = 27.45 lakhs )i.e Basis of Allotment Ratio was 1:5.565 In VLR logistics case, over subscription is around 8 times. To coclude the basis of allotment one need to know the total number of applications. However, in this case the allotment ratio would be better than Shemaroo since the allotment per application would be 65 shares of VRL vs 85 shares of Shemaroo. Assuming same number of applications, the allotment ratio could be 1: 4.3
MR. RAJESH BH THIS IS MAY ADVANCE CALCULATERS 7.17 AGAINCE 7.68 MINER DIFTENT SO NEW DEMET MEMBER AD SO DIFRENT MAY CALCULATED NOTED 45. IPO GRUP Apr 16, 2015 10:05:03 PM IST | Reply | IPO GRUP''s messages VRL Logistics Ltd IPO VRL FINEL LAST DAY RETAILERS TOTAL 7.17 TIME HOGA MY CALCULETED NOTED AND WOTCH?
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April 18, 2015 10:00:48 AM
IPO Guru (1300+ Posts, 500+ Likes)
ipo grup,tuko english ati nahi hai toh hindi mein likho,english mein likhakar board ki charm mat kharab karo..
Is in it one lot for all lot size in retail oversubscribed IPO issue however the calculation all depends on number of lots each retail investor has applied the rule and calculation does change with lots size applied. So hypocritical if all retails investor have applied for 7 lots then all investor will get at least one lot.... The ratio of allotment depend on number of application and number of lots each investors has applied..... With out the complete data it hard to make lottery ratio or how many share will be allocated
No confirmed allotment for any one. Rules have changed since long time. On oversubscription,there will be lottery in every lot size applied. Chances will be 1 out 5.
Read the SEBI rules. Max you will get one lot per unique application (Demat with unique PAN). It''s useless to block funds when the subscription crosses 1.4X.
Now can you tell me which IDIOT gave you the confirm news??
An indicative timetable in respect of the Issue is out below: Finalisation of Basis of Allotment with the Designated Stock Exchange April 27, 2015 Initiation of refunds April 28, 2015 Credit of Equity Shares to demat account of the Allottees April 29, 2015 Commencement of trading of the Equity Shares on the Stock Exchanges April 30, 2015
Listing date maybe delayed at times like it happened with Inox Wind.