Fundamentally, CMM infraprojects and Beta drugs both look good. But there was a big rush for beta drugs at last moments. I don''''t know why but now overall subscription is significantly less than Beta drugs. I have applied for both CMM and beta... but now I am little skeptical about CMM.. Even Tripuati Forge subscribed 6.59, more than what was expected... All three ipos would probably list on same day or on subsequent days.. Is there a possibility that all three will give good returns? I am new to SME IPOs so little nervous about CMM now...
Bumber subscription see the numbers :- Till now 4,12,16,000 application received unbelievable seems very tough fight for allotment now..... Fingers crossed
22. Rafiq| Link| Bookmark|
October 4, 2017 3:36:10 PM
Top Contributor (400+ Posts, 400+ Likes)
Bid Details for BETA as on 04-Oct-2017 15:30:00 IST Sr. No Category No of shares bid for 1 Qualified Institutional Buyers(QIBs) 3,16,800 1(a) Foreign Institutional Investors(FIIs) 0 1(b) Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 0 1(c) Mutual funds 0 1(d) Others 3,16,800 2 Non Institutional Investors 43,64,800 2(a) Corporates 15,58,400 2(b) Individuals(Other than RIIs) 27,56,800 2(c) others 49,600 3 Retail Individual Investors(RIIs) 55,32,800 3(a) Cut Off 0 3(b) Price bids 55,32,800 Total 1,02,14,400