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Last day it should be subscribe more than 10 times in QIBs, more than 50 times in HNI,s and more than 6 times in Retails its my openion only.
90% to 95% subscription of QIB and HNI would be applying on last day to Interest Cost. I feel the PE is better than Eros International.
Why giveing only 10% to retailer,s .Where are SEBI, AND GOVT. Of india.
Sharda crop. Rating was 45 than sub. 60 times , its rating is 46.
I will apply 5 applications.
Jai sai ram 2 lot may 300 allot kiya, Rs.9000/ ka profit diya jai sai ram.
Jai ho Sai baba ki, 2 lot lagaya tha 1 allot ho gai, Rs.9000/ ka profit book kiya, jai sai baba.
Andher nagri cahupat raja, Retailer,s kota 35% hi. Yaha retailer,s ka 25% kisnay hadap liya.
cbi enquiry going on against lot of ex sebi officers who was found corrupt ang gold found in locker worth kiloes few months ago....again this practice seems re starrted again.....
First of all, quota is spelt with a q, and not with k. The reason why such a low percentage of shares was allocated to retail investors can be obtained by reading this - http://iepf.gov.in/IEPF/Eligibility_norms.html.
Essentially, Snowman was not eligible for Entry Norm I, so it listed under Norm II, where it has no choice but to allocate 75% to QIBs.
@Star IPO King: Please do not say things for which you''ve got no proof. As you can see, there is a perfectly rational and reasonable reason for this alleged ''hadapna''.
i heard this news on tv some 5/6 months ago...why this norm of l ll ...why not same to all,all knows small price ipo lists heavily then higer prise in compare...
I think the idea is that if the company has not been around for long, and has not been steadily making at least moderate profits, then such a stock is risky, and thus more participation should be invited from more mature investors.
Given the number of bogus and fraudulent companies what have done their ipos in the last 4 years or so, I personally feel that this is a good thing.
Past 8 year,s Tax man has send me more than 20 tax notices under sec. 148 due to more than Rs.100000/ investment in IPO,s .and I have send these notice,s in dusbin.
Be Careful with Taxmen. Investment above Rs.100,000/- is under Income Tax Scrutiny.
I am investing past 8 years in IPO,s in my 7 D.mat A/C,s Rs.200000/ APP.
and recived more than 20 Income tax notices under sec. 148 ,but I don,t give any reply .