Advanced Enzyme Technologies Ltd IPO Message Board (Page 1)

applied through axis bank still not alloted and appliction number is of only 7 digit.

Alkem lab eps for Q1 21.04 ....omg !!!

Estimate 21.04*4 =84.16 *25(pE)==2104...

Even if eps goes to near 75 then also 25*75 == 1875

Wow...!!

Buy on every 50-70 rs drop.

Estimate 21.04*4 =84.16 *25(pE)==2104...

Sir plz give info related to *25(PE) where can i found this...(price to earning)..how can we know this

Thanks and Congrats Eagleye. Target of Rs.1600 achieved.

if you have no pan card for this process or having pan card but created issue so use of this site for pan card http://knowyourpan.net/

AT RS 334 IT IS VERY COSTLY

Allotted but no money is deducted.
How is that possbile???

buy on 1485, can i hold it..................

How IPO shares gets allotted to retail investors
Some retail investors who recently applied for IPOs are confused because they did not receive even a single lot of shares despite subscribing to the full quota of Rs 2 lakh
Shishir Asthana       | Mumbai
December 21, 2015 Last Updated at 16:26 IST
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How IPO shares gets allotted to retail investors
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A series of recent initial public offerings (IPO) saw good participation by retail investors. In almost all the good issues, the quota for retail investors was oversubscribed. This is a good signal for the market as it shows significant interest from investors in equity as an asset class.

However, retail investors who had applied for some recent IPOs seem more confused as there is no logical explanation to the manner in which shares were allotted. For example, in the issues of Alkem Labs and Dr Lal Pathlabs, where retail portion was oversubscribed over three times, several retail investors have complained they did not receive even a single lot of shares despite subscribing to the full quota of Rs 2 lakh.


The method used to allot shares were changed in 2012 by the Securities and Exchange Board of India (Sebi). But the allotment process has come under investor scrutiny as there is renewed interest in some of the high-quality issues in the recent times.

In order to understand the rationale behind the allocation, we need to look at the guidelines issued by Sebi. Firstly, we need to understand that applications are segregated into three categories -- institutional or qualified institutional buyer (QIB), NII (non-institutional investors) or HNI (High-networth investor) and retail individual investor (RII).

In the case of QIB, the merchant banker has the discretion to allot shares. In the case of QIB, shared are allotted proportionately. Thus, if shares are oversubscribed by say, five times then an application for 1,000,000 shares will receive only 200,000 lakh shares.

But when it comes to retail investors, the process is a little more complex. First of all, only RII are allowed to invest in smaller lots worth between Rs 10,000-15,000 as compared to Rs 5,000-7,000 before 2012. A maximum of Rs 2 lakh per IPO can be applied by an applicant in the RII category.

The total number of applications received in the RII category is grouped together to determine the total demand in this category. If the aggregate demand in this category is less than or equal to the retail portion at or above the offer price (in case of a book-build operation), full allotment may be made to the RIIs to the extent of the valid bids.

However, if demand in this category is greater than the allocation in the retail portion at or above the offer price, then the maximum number of RIIs who can be allotted the minimum bid lot will be computed by dividing the total number of equity shares available for allotment to RIIs by the minimum bid lot, this is known as ‘Maximum RII Allottees’.

Assuming that there are shares worth Rs 10 lakh to be allotted in retail segment and the minimum lot size is worth Rs 10,000. Thus only a maximum of 100 applicants will be receiving the minimum lot of Rs 10,000. Since Sebi says that no RII will be allotted less than the minimum bid lot, in case of over subscription, allocation of shares lower than the minimum lot is not possible. In this case, the Maximum RII Allottees are 100.

In case there is a small oversubscription then first the minimum lot is distributed among all participants and then the balance available equity shares in the retail portion shall be allotted proportionately to the RIIs who have bid for more than one minimum bid lot.

But in case the number of RIIs is more than Maximum RII Allottees, the RIIs (in that category) who will then be allotted minimum bid lot shall be determined on the basis of draw of lots. The draw of lots is now a computerised process and thus there is no room for partiality.

great sir

done a good job to explain

tks a lot.

Eagleye Should we hold advance enzyme

RBL bank IPO open on 19 August to 23 August. Price band 224-225. Lot-65.Face value 10.

no reply from any one?

Yes

tks sir

Dear Sir,

I have applied for Adv Enz Tech IPO for rs. 185000 appx for i hope 13 lot at cut off price. this was max bcz next lot was crossing 2lac which is limit for retail investor

I did not rcvd single lot.

Is it possible and fair?

Req ack

Dear R R Choudhary , According to SEBI if IPO is oversubscribed in retail category, then retail investor will get max 1 lot. So no point of applying for more than 1 lot. Hope you understood.

tks sir

Advanced Enzyme Shares going up daily basis..

What is short term target for AET now ?

Whats best price to sell for short term ???

Look like accuracy is increasing by 95%....
Check past 15 days...almost everyday up....

1100. gamble Aug 4, 2016 10:48:53 AM IST Reply
If u r intraday trader. ...try to trade in MGL...with SL
1.5%-2% gain is sureshot.....90% accuracy ...avoid in just big negative session.

Now accuracy 99%...
Hit 547 intraday.

When will be the result of AET?

Probably October

The current revenues are with 40% utilization. If they reach goal 100% utilization in next FY17.Huge jump in profits. HOLD tight for long term

If u r intraday trader. ...try to trade in MGL...with SL
1.5%-2% gain is sureshot.....90% accuracy ...avoid in just big negative session.

What a fall in nifty !!

No allotment last five IPOs thanks to link not in time.

latest subscription DBL ?