The BEST IPO INFORMATION PORTAL

IPO Grey Market Premium (IPO GMP) Message Board / Discussion Forum Page 3

The IPO Grey Market is an over-the-counter market where dealers may execute orders for preferred customers as well as provide support for a new issue before it is actually issued. (investopedia)

Grey markets(GreyMarket) work in two ways in India. It decide the premium of an IPO (Also known as Grey Market Premium or GMP), which is not yet listed in Stock Exchange and it also allows investors to sell there application or allocated stocks at certain premium before they list. This page provides platform to discuss Grey Market Premiums.

For more information about IPO Grey Market in India Stock Market visit IPO Grey Market FAQs.

avatar
14052. MB  May 3, 2016 1:56:58 PM IST Reply
Can anybody explain what could be the allotment procedure ?

Ex.
Mr. X have applied one lot if thyrocare (33 share) in three different demat account and Mr. Y have applied 2 lot (66 share) in two different demat account and 3 lot (99 share) in another demat account.

So who will have higher probability to get allotment of thyrocare? and whats the reason behind that ? please explain in brief so i can understand the correct method of bidding for upcoming IPO..
avatar
14052.1. RaviKumar Gudapati  May 3, 2016 2:38:58 PM IST
If Mr. X applied with same PAN numbers all will get rejected (assumption Mr X is a retail investor)
If Mr. X applied with different PAN numbers allotment chances are 75% (one out of three application may get allotment) as the issue was subscribed to close to 4 times.

If Mr. Y applied with same PAN numbers all will get rejected (assumption Mr Y is a retail investor.

If Mr. Y applied with different PAN numbers allotment chances are 100% (one out of 2 application may get allotment) as the issue was subscribed to close to 4 times.

Hope your question is clarified.

Ravi
avatar
14052.2. goodman  May 3, 2016 3:15:27 PM IST
Assuming that the applications applied with different PAN and if the issue is subscribed more than 1 time then all will have equal chance irrespective of how many lots they have applied.
avatar
14052.3. MB  May 3, 2016 3:39:39 PM IST
Thanks a lot Ravi
Yes PAN is different for both Mr. X and Mr. Y
But carrying ahead to my doubt , as Mr .Y have applied more than one lot in all his application and Mr . X have applied for one lot in all applications. So may I know how no. Of lot will matter at the timing of allotment for any compnay ??
Whether first priority will given to X or Y according to above scenario ??
avatar
14052.4. Amit Thakur  May 3, 2016 5:19:13 PM IST
Dear MB,

Assuming that different applications are with different PAN.

For thyrocare, issue is subscribed 6.46 times no of applications times. So probability that a single application gets allotted is 1/6.46 =0.15 approx.

So, for Mr X, probability that

1. All three applications are successful is 0.15 * 0.15 * 0.15 =0.003375
2. All three applications are unsuccessful is (1-0.15)*(1-0.15)*(1-0.15) =0.614125
3. At least one application is successful = 1- Probability of all application unsuccessful.
= 1-0.614125 = 0.385875

For Mr X, probability is about 38.5875 %.

For Mr Y can get max 1 lot allotment since the issue is subscribed more than 1 time no of application wise. Recent SEBI rules say that the company would first try to allot all the bidders one lot and only if some shares remain after that company has to allot any shares to those wwho have bid for more shares.

For Mr Y probability is hence 0.15 only.

Thats precisely why it is better to apply from 2 different accounts rather than applying 2 lots from same account.

Hope this is clear.
avatar
14052.5. MB  May 3, 2016 5:46:33 PM IST
Dear Amit

It''s very clear now. And I am gaining with best conclusion too from this forum.This will help me a lot to make my statergy for next ipo.

Again it''s very clear that I have to go for more number of applications with one lot rather than more number of lot in single application..
avatar
14052.6. Amit Thakur  May 4, 2016 9:09:40 AM IST
Dear MB,

Just make sure that you follow this strategy in cases when issue size is small and demand is huge. Otherwise, for a good large size IPO/FPO demand can be huge but due to high amount of shares on offer it may not get 1 time subscription no of application wise. There you may go ahead with more no of lots in single application.
avatar
14051. Rutesh shah  May 3, 2016 12:53:39 PM IST Reply
Hello eagleye ji...
Have a question?
As per calcutation thyro has to subscribe 5 time n ujji has to b 3 times as per application wise in coparition wid equitas..

So y thtro goes to 6 tine....is there number of people who is not subscribed in ujiivan n equitas....?
avatar
14051.1. Eagleye  May 3, 2016 1:21:04 PM IST
Because the issue size of Thyrocare was smaller than Ujjivan .. which in turn was smaller than Equitas.
avatar
14050. ram krishna  May 3, 2016 12:53:26 PM IST Reply
dear eagleye

kindly post your views on the allotment ratio of
Thyrocare IPO & Ujjivan Financial IPO
avatar
14050.1. Eagleye  May 3, 2016 1:34:38 PM IST
As per my estimation ...

for Ujjivan … In RII category ... 1 out of 3 applications will be allotted 70 shares

for Thyrocare … In RII category ... 6 out of 37 applications will be allotted 33 shares

avatar
14049. Uchit Patel  May 3, 2016 12:38:34 PM IST Reply
Today we see good up side movement in Equitas. One of the reason is very high subscription of Ujjivan. Excellent response from all types of investors. Both are in same line of business. If listing of Ujjivan is good then Equitas will show new high next week.
avatar
14048. ANIL VERMA  May 3, 2016 12:18:46 PM IST Reply
I will avoid Parag Dairy IPO
avatar
14047. ABBASBHAI  May 3, 2016 12:16:56 PM IST Reply
THYROCARE 233-238 UJJIVAN 49-50
avatar
14046. ANIL VERMA  May 3, 2016 12:14:04 PM IST Reply
Prabhat Dairy issued @ Rs.115.00 available @ 110.00 which appears far better than Parag Dairy. I will avoid Parag Dairy.
avatar
14045. Paresh shah  May 3, 2016 12:06:41 PM IST Reply
GMP THIROCARE 222-227 UJJIVAN 51-53 AND COSTAK UJIIVAN 900
avatar
14044. raj shah  May 3, 2016 12:00:44 PM IST Reply
PARAG IS GOOD CO ALSO GIVE TO GOOD RETURNS
avatar
14043. MASTER STROKE  May 3, 2016 11:35:16 AM IST Reply
Quess Corp, Advanced Enzyme get Sebi''s clearance for IPO Quess Corp, which filed its draft red herring prospectus (DRHP) with Sebi in February for launching the IPO, received clearance from the regulator on April 26, according to the latest up in 2007, Quess Corp offers comprehensive solutions, including recruitment, temporary staffing, technology staffing and IT products and solutions, among others. Headquartered in Bengaluru, the company serves over 1,500 customers across nine countries at more than 8,000 locations. It is promoted by Ajit Isaac and Thomas Cook (India) Limited. Advanced Enzyme Technologies, which filed its draft papers in January, obtained clearance from the regulator on April 29. The company''s IPO comprises fresh issue of shares aggregating up to Rs 60 crore and an offer for sale of up to 44,73,470 scrips by the existing shareholders. Advanced Enzyme is engaged in the research and development, manufacturing and marketing of proprietary enzyme products. Proceeds of the fresh issue will be utilised towards investment in the company''s wholly-owned firm Advanced Enzymes USA, repayment of certain loans and for other general corporate purposes. ICICI Securities and Axis Capital are the merchant bankers of the issue. Earlier in 2013, the company had approached Sebi to launch its IPO and had also obtained its approval. However, the company did not go ahead with its plan.
avatar
14043.1. Eagleye  May 3, 2016 6:48:48 PM IST
I am informed that .....

Quess Corp ..

Issue Price will be Rs.317/-
avatar
14042. SANDIP JAIN  May 3, 2016 11:32:11 AM IST Reply
Parag Dairy seems goods and Also recommended by Capital Market & Khambatta Securities
avatar
14041. Eagleye  May 3, 2016 11:18:02 AM IST Reply
Equitas is showing a lot of strenght ...
CMP 145
.... Good for Ujjivan _/\_
avatar
14041.1. NKD  May 3, 2016 12:15:02 PM IST
Technically Higher top higher bottom ... tracking from listing, every day making high..
avatar
14040. Eagleye  May 3, 2016 10:50:33 AM IST Reply
Parag GMP 7 - 8 (sliding down)
Market waiting for Anchor Investors List
avatar
14039. vishal investment  May 3, 2016 9:33:27 AM IST Reply
Issue Name Price Band GreyMarketPremium Kostak Price UnblockingFund Listing
       (Minmum Appl) ASBA Date

Thyrocare       420 to 446 200 to 205       800 to 850 (Last Sauda)       5-5-2016       9-5-16
Ujjivan       207 to 210 46 to 48 800 to 850 (Last Suda)       6-5-2016       10-5-16
avatar
14038. Bantu  May 3, 2016 9:31:54 AM IST Reply
Avoid Parag Dairy...
avatar
14037. RINGER  May 3, 2016 8:35:56 AM IST Reply
Good morning
avatar
14036. RINGER  May 3, 2016 8:35:41 AM IST Reply
Good morning
avatar
14035. Eagleye  May 3, 2016 8:19:18 AM IST Reply
Ujjivan GMP 52.50 - 53.50
Thyrocare GMP 223 - 225
avatar
14034. GIRISH KULKARNI  May 3, 2016 7:36:56 AM IST Reply
Parag Milk Dairy Ltd is hunt of HNIs. There is only 10% allocation for retail investors. It will not list as per GMP. It my list at any price. Price may be rigged. Don''t buy after listing in secondary market.
avatar
14034.1. RC  May 3, 2016 8:24:57 AM IST
It will list as per GMP only...else there will be no use of gmp trades
avatar
14033. balaji solutions  May 3, 2016 1:49:07 AM IST Reply
s bm surana sir is correct only one application is valid
avatar
14032. Bhavu  May 3, 2016 12:57:01 AM IST Reply
Gmp
avatar
14031. Bhavu  May 3, 2016 12:54:24 AM IST Reply
Parag kostak
avatar
14030. Bhavu  May 3, 2016 12:54:11 AM IST Reply
Parag kostak
avatar
14029. Eagleye  May 2, 2016 11:56:53 PM IST Reply
Ujjivan GMP 52-53
Thyrocare GMP 222-224
avatar
14029.1. Rutesh shah  May 3, 2016 8:16:08 AM IST
Hello eagleye ji...
Have a question?
As per calcutation thyro has to subscribe 5 time n ujji has to b 3 times as per application wise in coparition wid equitas..

So y thtro goes to 6 tine....is there number of people who is not subscribed in ujiivan n equitas....?

avatar
14029.2. Manoj sampat  May 3, 2016 9:12:03 AM IST
it depend on size of issue equtas was 4 time bigger then thyro
avatar
14028. raj shah  May 2, 2016 11:36:07 PM IST Reply
PARAG CO GIVE TO GOOD RETURNS BETTER THAN THYROCARE AND UJJIN FIN
avatar
14028.1. ANIL VERMA  May 3, 2016 8:01:57 AM IST
Are you buying Parag kostak and at what rate?
avatar
14028.2. ANIL VERMA  May 3, 2016 8:02:29 AM IST
Are you buying Parag kostak and at what rate?
avatar
14027. swasti fin  May 2, 2016 11:18:28 PM IST Reply
PARAG IPO RATES IN MARKET
avatar
14026. Tejas bhavsar  May 2, 2016 11:06:03 PM IST Reply
Eagleye medam thyocare n Ujjivan financial latest premium kya he
avatar
14025. Nishantgarg  May 2, 2016 10:47:15 PM IST Reply
How can a person like me can works i. Grey market ,i mean how grey market actually works?
avatar
14024. Nishantgarg  May 2, 2016 10:46:27 PM IST Reply
Latest premium of both thyrocare and ujjval? And ipos which are coming this year
avatar
14023. Eagleye  May 2, 2016 10:42:23 PM IST Reply
Ujjivan IPO

Subscription:
QIB: 34.33x
NII: 136.25x
RII: 4.04x
Overall: 41.02x

No. of application (approx).: ~6,76,000
No.times of Applicationwise : 3.22x
avatar
14022. ANIL VERMA  May 2, 2016 10:13:58 PM IST Reply
As on 02-May-2016 21:30:08 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative bid quantity at each price point includes the quantity bid at that relevant price point and all valid bids at the next higher price point. The graph is updated every hour.

Total Issue Size      2,96,63,706
Total Bids Received      1,20,68,08,050
Total Bids Received at Cut-off Price      5,18,61,810
No. of times issue is subscribed      40.68
Graph Logic
avatar
14021. Lokesh Jain  May 2, 2016 9:59:50 PM IST Reply
Ujjivan Financial Services Limited            
Subscription :-            
02 May 2016 | 09:00 PM            
QIB : 34.33x
HNI : 136.25x
Retail : 4.04x
Total : 41.02x

No. of application (approx).: ~675903

No.times Applicationwise : 3.22x
avatar
14021.1. mukesh somani  May 3, 2016 1:21:24 PM IST
hello


prag ipo lgaye ya nahi......?
please help sir
avatar
14020. shah ashish  May 2, 2016 8:51:38 PM IST Reply
Thyrocare ka allotment ratio kya hoga
avatar
14019. MONEY HI MONEY  May 2, 2016 8:46:08 PM IST Reply
RII _671000/ Apps
avatar
14018. nirmesh prajapati  May 2, 2016 8:33:32 PM IST Reply
Parag dairy update
avatar
14017. Magoo Raj  May 2, 2016 8:28:32 PM IST Reply
Scope of parag IPO
avatar
14016. Eagleye  May 2, 2016 8:20:08 PM IST Reply
Ujjivan IPO

In RII category ... 1 out of 3 applications will be allotted 70 shares
avatar
14015. ts  May 2, 2016 8:14:25 PM IST Reply
is there any ipo after parag milk??
avatar
14014. Eagleye  May 2, 2016 7:56:01 PM IST Reply
IPO Pipeline status as of 29th April 2016




IPOs in Pipeline (SEBI Approval received)

DRHP       SEBI       Name
Date Approval      

01-Feb-16      29-Apr-16      Quess Corp
18-Jan-16      29-Apr-16      Advanced Enzyme Technologies
28-Dec-15      15-Apr-16      S.P Apparels
21-Dec-15      05-Apr-16      K.P.R.Agrochem
01-Feb-16      10-Mar-16      Dilip Buildcon
23-Dec-15      22-Feb-16      Nihilent Technologies
30-Nov-15      08-Feb-16      New Delhi Centre for Sight
12-Nov-15      18-Jan-16      Mahanagar Gas
30-Sep-15      18-Jan-16      GVR Infra Projects
30-Sep-15      18-Jan-16      Maini Precision Products
26-Sep-15      08-Jan-16      GNA Axles
23-Sep-15      05-Jan-16      VLCC Health Care
28-Sep-15      28-Dec-15      Sandhar Technologies
16-Aug-15      22-Dec-15      Matrimony.com
09-Jul-15      08-Dec-15      Paranjape Schemes (Construction)
16-Mar-15      08-Dec-15      SSIPL Retail





IPOs in Pipeline (SEBI approval received – but doubtful it will come)

DRHP       SEBI       Name
Date Approval      
22-Jun-15      31-Aug-15      Matrix Cellular (International) Services
29-Apr-15      05-Aug-15      Numero Uno Clothing
22-Apr-15      11-Aug-15      Nuziveedu Seeds
30-Mar-15      30-Jun-15      The Catholic Syrian Bank
27-Mar-15      08-Jun-15      Amar Ujala Publications
24-Mar-15      01-Jun-15      AGS Transact Technologies





IPOs in Pipeline (SEBI Approval Pending)

DRHP       SEBI       Name
Date Approval      
12-Apr-16      Pending      Larsen & Toubro Infotech
30-Mar-16      Pending      CL Educate
29-Mar-16      Pending      Hinduja Leyland Finance
28-Mar-16      Pending      Seaways Shipping and Logistics
25-Feb-16      Pending      HPL Electric & Power
23-Jun-15      Pending      RBL Bank
avatar
14013. upendra  May 2, 2016 7:36:39 PM IST Reply
what is the rate. of minimum. application&gmp of parag milk foods ltd''dues gives the tentative allotment of thyocare issue &ujjivan both.
avatar
14013.1. shah ashish  May 2, 2016 8:48:38 PM IST
For UPENDRABHAI
THYROCARE TECHNOLOGIES LIMITED
(Refer Page No 383 of RHP dated 11th April 2016)

26/Apr/16 – Participation by Anchor Investors
27/Apr/16 – Bid/Offer Opens
29/Apr/16 – Bid/Offer Closes
04/May/16 – Finalisation of Basis of Allotment
05/May/16 – Unblocking of Funds from ASBA
06/May/16 – Credit of Equity Shares to Demat Account
09/May/16 – Commencement of Trading on NSE/BSE



UJJIVAN FINANCIAL SERVICES LIMITED
(Refer Page No 237 of RHP dated 13th April 2016)


27/Apr/16 – Participation by Anchor Investors
28/Apr/16 – Bid/Offer Opens
02/May/16 – Bid/Offer Closes
05/May/16 – Finalisation of Basis of Allotment
06/May/16 – Unblocking of Funds from ASBA
09/May/16 – Credit of Equity Shares to Demat Account
10/May/16 – Commencement of Trading on NSE/BSE
avatar
14012. THE GAME  May 2, 2016 7:14:32 PM IST Reply
UJJIVAN ALLOTMENT MAY BE 4/13
avatar
14011. Ram Prakash natani  May 2, 2016 6:52:23 PM IST Reply
Ujjani ka allotment ratio kya hoga
avatar
14010. mansuri  May 2, 2016 6:39:43 PM IST Reply
Qib:19.29 nii:58.63. Riis:1.55. Total:18.85. Ujjivan at 2 may 18.25
avatar
14009. gauravangel  May 2, 2016 6:08:45 PM IST Reply
eagle eye Pls suggest for parag mills Ipo
avatar
14009.1. Eagleye  May 2, 2016 6:37:17 PM IST
I am not investing in Parag IPO
avatar
14008. ARK  May 2, 2016 5:51:31 PM IST Reply
wherw are getting detail data of ipo subcription ?
avatar
14007. Samy  May 2, 2016 5:44:48 PM IST Reply
Approx 635040 Retail applications ie 3.02x as on 5 pm
avatar
14006. NIRAV JHAVERI  May 2, 2016 5:30:12 PM IST Reply
MY CENTRAL BANK BY MISTAKE BANK HAS BLOCKED FUND 2 TIMES , ( 14700*2 = 29400) WILL APP. REJECT?
avatar
14006.1. dpcdsl  May 2, 2016 6:40:41 PM IST
Ask bank to verify bid id and keep only blocking for correct bid id and release wrong one, if any.
avatar
14005. NLZala  May 2, 2016 5:02:43 PM IST Reply
Ujjivan allotment RAtio???
avatar
14004. RC  May 2, 2016 5:01:34 PM IST Reply
@Eagleye


Demat acct 1 has X,Y joint holder PAN
Demat acct 2 has Y,X joint holder PAN
Demat acct 3 has X single holder PAN

how many valid application can we apply?
avatar
14004.1. NKD  May 2, 2016 5:16:08 PM IST
2
avatar
14004.2. Eagleye  May 2, 2016 5:27:28 PM IST
2
avatar
14004.3. B.M.SURANA  May 2, 2016 5:53:27 PM IST
1 Valid Application
avatar
14004.4. Satyaaaaa  May 2, 2016 6:04:45 PM IST
Only 1
avatar
14004.5. vinod arora  May 2, 2016 6:12:59 PM IST
2 applications either 1&2 or 2&3. ist holder should be different
avatar
14004.6. RC  May 2, 2016 6:19:44 PM IST
Thanks friends.
avatar
14004.7. JIGAR  May 2, 2016 9:37:19 PM IST
Only two x & y first holder
avatar
14003. Eagleye  May 2, 2016 4:56:29 PM IST Reply
IPO Watch - Stellar Subscription For Thyrocare
Catch Dr A Velumani - Chairman, CEO & MD of Thyrocare Technologies in conversation with ET NOW as he speaks about subscription received for Thyrocare

https://www.youtube.com/watch?v=y_w49llrZxw&feature=youtu.be
special_offers
By Popular Stock Brokers

SAS Online Stock Trading, Demat, Brokerage and Reviews  SAS Online

Rs 999 for Unlimited Trading

Get Free Trading Account

Zerodha  Zerodha

Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Trade Smart Online (TSO)  Trade Smart Online

Trade at 0.007% or Rs 15 Flat

50% cash back on 30 days brokerage + 50% off on a/c opening fees

Get This Exclusive Offer

Ventura

Brokerage: Intraday @ 0.02%, Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

Sharekhan

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)

Request Call Back

RKSV Discount Broker  RKSV

Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O

Rs 100 off on account opening
Enquire Now



More About Brokers

Special Offers Broker Reports

Message Board

Discussion Forum


Search Chittorgarh.com:

Translate Chittorgarh.com: