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bought another 100 at 153 now is 163 .good
buyer 5000 .seller 57000 .price 164.75 bse
eager to sell 400 shate at 200/- and make quick 30,000/- .....karvy jindabad.....sebi jindabad.....wonderla wonder laa....
apply 4 *100 share . get 400 share .great ...
If it is true great.Lucky guy.but this is very unlikely unless you are so lucky to hit jackpot.
I REALLY DOUBT U MITE HAVE HIT THE JACKPOT. HIGHLY UNLIKELY
no guarantee of 100 share allotment sinse maximum bids by retails coming at minimum lot causing low subsicription as well otherwise we may have see 25 to 30 times retail subscription .
As per Your statement of MR.Garg sir that as per sebi rules all persons will be get 100/-share and application may be 12500 or 2.00000 but will get confirm 100/-share and above luck by chance.
as per sebi rules not applied in just dial becathat time some was missing and not get everyone.
i like your Statement and gide becaall persons are not aware about this them some persons are indepth.
also talk about next goods IPO/FPO and them how handle it for more money and i suggese you that will give important sugession all our freindes beacase they are too poor in this matter.
Garvi hasmukh patil
There is no guarantee of confirm 100 shares allotment, as issue may get applications more than 50750. If application are less than 50750, only than you will get confirmed 100 shares.
But it is confirmed that every one has equal chance of allotment of 100 shares, whether he applied for Rs. 2 lac application or Rs 12500 application.
rumour airing that those retail investor who apply for 2250 share may face cancelled bid ,
this is not correct...Cut off price or Max bid price is Rs 90 so taking 5% discount 85.5 will be the price for retail investor. so total amount for 2250 shares is 192375 which is below the 2 lakh maximum allowed investment for retail investor. I have also confirmed with my broker. So it is valid bid and allotment will be done on the basis of allotment that will be declared in 3 to 4 days. So leave rumuours for themselves.
something is on table