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1Qualified Institutional Buyers (QIBs) 22050000 32864100 1.49
1(a) Foreign Institutional Investors(FIIs) 2550600
1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 16630200
1(c) Mutual funds 45900
1(d) Others 13637400
2 Non Institutional Investors 6300000 5180700 0.82
2(a) Corporates 1841100
2(b) Individuals(Other than RIIs) 3141900
2(c) others 197700
3 Retail Individual Investors(RIIs) 4200000 54335700 12.94
3(a) Cut Off 48172500
3(b) Price bids 6163200
Total 32550000 92380500 2.84
Grey Market Premium
Issue Name Grey Market Premium Kostak Price *(Minimum Application)
Snowman Logistics 22 to 23 (Buyer) 600 (Seller)
Since the IPO is under Regulation 26(2) of ICDR, as company&rsquos average pre-tax profits in 3 of the 5 preceding years was less than Rs 15 crore,retail portion of the issue is very low, at just 10%, against the regular 35% portion size (QIB portion is higher at 75%). So, at the upper band, company is seeking to raise Rs 197 crore, and 10% of which is less than Rs 20 crore, or 1,000 retail applications of Rs 2 lakh each, is all that is needed for the retail book to sail through. Thus, retail portion being small, may see good participation, with probability of good over-subscription.
So retail has been given only 10% of issue size 42,00,000 lac shares instead of the normal 35%
I had sold my allotted 100 at 162.75. But i was tempted to buy more,
But i did not have confidence as i had lost in CARE IPO after buying
on listing day and lost my profit got from allotted shares also. So i had bought 43@158 on listing day. I added 15@161 yesterday morning and another 21@168 before it got into UC,
But UC was not very strong. Today it was available again at 172.
But anyways currently i hold around 100. Now whatever happens happens, let''s see.
I am going to sell my 200 holdings around 225(if it goes there). and invest the profits in SBI gold fund... this is the strategy i want to adopt.. all IPO profits i invest in gold fund.. this works like a SIP in gold... ipo''s comes now and than...
Sold my 200 shares today... enough for me..
Sold my 100 @ 162.75 just a few minutes ago. Not sure how it will end the day as only buying is allowed to take delivery only. Otherwise only selling of the shares you go in your demat.
Applied in 3 application for 300, 400 and 500 shares. Got 100 shares in one application. Anyways something is better than nothing :-)
karvy worst registrar. Always this is seen in case KARVY is registrar.
LINK INTIME is best. We get message first, smooth allotment, no headaches like this.
KARVY always slow with respect to allotments.
Link intime broker is the best with respect to allotment.
ICICI BANK ASBA still not lifted.
No allotment details yet on karvy website either.
No allotment details yet on karvy website.i thing this is fake news...
Subscription till 1 PM
Total Issue Size 1,23,25,000
Total Bids Received 4,28,97,900
Total Bids Received at Cut-off Price 1,67,42,100
No. of times issue is subscribed 3.48
THANKS Yo Yo IPO for subscription figures. Almost panicked by MONEY HI MONEY COMMENT 37.
Public issue of 14,500,000 Equity Shares.(including Anchor Portion of 2,175,000 equity shares).
So available shares are 1,23,25,000
Till 1PM. Subscription figures are as below:
Total Issue Size 1,23,25,000
Total Bids Received 4,20,600
Total Bids Received at Cut-off Price 3,54,700
No. of times issue is subscribed 0.03
Sold 200 shares at 148.60. Not much use, made around 600 rs after paying brokerage.
Doob gaye bhaiya hum to apply karke, already 146.85 today. still 1 more day to go before we can trade on Friday. Not sure what will be the price :-(
I applied though i had bad experience with SCI FPO, Got 763 shares and made a cool profit of 9300Rs after brokerage. Made my day today...after long time i made profit in primary market...