Just look at the efficiency of this Registrar. Religare's allotment & refund both processes are over. Whereas, BVCL allotment is yet to be made, although both issues closed on the same date. Why Don't registrars like "Intime" learn some efficiency from Karvy !!!!!
Is there some site on which the allocation information is provided? I have applied through ICICIDirect.com - is the money refunded through ECS? How long does it take?
religare was also closed on 1st NOV, its allotment is out. This was also closed on 1st NOV, allotment not out and most of the refund will be through checks.
KKT...39 times oversubscribed...but in this you will have to remove applications that are less than cut off price...in thsi case almost 10 times gets removed...even after this i dont see a firm allotment in the 1 lakh limit...but the chances of 150 allotment is very high....
Hey KKT, Your calculation is absolutely right for the case of retail investors.
But the situation is different in case of QIB and NON INSTITUTIONAL INVESTORS. In their case, one will get the number of shares he/she applied for divided by the subscription in that particular category.
GAURAV U R WRONG . 2250 / 39 TIMES THAT COMES UP TO 58 SHARES . BUT THIS IS NOT AT ALL POSSIBLE ...ALLOTMENT WILL BE DONE IN MULTIPLES OF 150 SHARES WHICH WAS MINIMUM BID. U CAN GET MORE THEN MINIMUM BID BUT NOT LESS THEN MINIMUM BID . SO DONT BE IN HOPES THAT THOSE WHO HAVE APPLIED MAX WILL GET 58 SHARES ALLOTMENT. ALLOTMENT IS DONE ON LUCKY DRAW BASIS IN ALL CASES OF OVER SUBCRIPTION . BEST OF LUCK ......TO ALL OF U . K.K.T