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Guys,the rule is simple : 80,00,000/65 shares = 1,25,000 nos application to be allotted 65 shares each. Now,the only thing is how much successful application received in retail category. Suppose, 3,75,000 nos application received ,then, 125000/375000 = 1:3 or 1 out of 3 application will receive 65 shares onlyyyyyy
After cut off price retail application is oversubscribed the retail investors’ portion witnessed a subscription of 5.23 times according to NSE. So allotment in favour of those applied at 205 cut off increase. It all depends on how many applications is received
According to sebi ipo rules and regulation it is mandatory to allot shares to each successful retail application. But why we don''t get .
Basis of allotment: For people who have applied for more than 8 lots ( 520 shares or more), firm allotment after dividing by number over subscription ( 7.92). Example if you had applied for 975 shares, you will get 123 Shares. For people who have applied between 1 to 5 lots, it will be lottery.
1281.1. SONMAYA Apr 18, 2015 4:41:10 PM IST | SONMAYA's messages
IPOipo,where were u till now....on this board nobody has knowledge of allotment process.....thank u very much for giving perfect ratio......keep it up
1281.2. star ipo Apr 18, 2015 5:40:45 PM IST | star ipo's messages
For retails all categories of applications allotment ratios will be same and it depends on oversubscription of 1 lot ,likely to be 4.5 for vel.....
1281.3. Jayanthilal Kudva Apr 18, 2015 7:30:12 PM IST | Jayanthilal Kudva's messages
I am afraid that your understanding on Basis of Allotment is not true presently. You are referring to old method of allotment. Recently, the procedure for reaching out the basis of allotment is changed. Please verify and confirm
1281.4. Nasirul Choudhury Apr 19, 2015 12:23:09 AM IST | Nasirul Choudhury's messages
Your assumption is impractical and baseless. Majority of the retail shareholders are these days single lot applicants due a SEBI rules, which mandates minimum one lot to each retail applicant and then if excess left pro rata. If one lot can''t be allotted also then it will be done using draw of lots. As far as I know from empirical evidence if subscription crosses 1.4 times then allotment through lottery likely.
becaHNI are ready with money to buy at high price becathey subscribed 250 times more so u may get 300+ for those who got allocated
May be listing price is 300+
grey market premiun ?
kostak price ?
1278.1. DURAISWAMY Apr 18, 2015 3:47:56 PM IST | DURAISWAMY's messages
PLEASE TELL ME THE MEANING OF kostak price ?
what is the proreta for retail invester ?
No one interested to apply this IPO as speculation point of view this will open good after listing becamoney blocked in vrl apply if open discount do average possible to open good.
expected date VRL allotment 28-04-15 and listing 04/05/2015
Grey Market PRi. Boommmmmm 125-130
Total successful applications-8,090,600/65=124470
Applications received as per previous post-179736
Ratio=179736/124470=1.44 (2 out of 3)
graymarket prieumam 125-135.Good luck.enjoy_____
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
APPIED 650 SHARE , WHAT IS ALLOTMENT CHANCES
1271.1. star ipo Apr 18, 2015 11:58:48 AM IST | star ipo's messages
1:5 ...maybe nil....
VRL PREMIUMMMMM ZOOOMMMMMMMM 100++++++++++++
As per my understanding the allotment ratio would be 2 out of 9.
Due to toll tax it is very risky and over valued IPO.
On 1 st day when IPO was subscribed only 0.5 times I said it will subscribe more than. 50 times.
my listing target is 300 to 360/.
It will list arount 270-275.....
grey mkt premium on VRL