IRCON International Limited IPO Message Board (Page 18)

QIBs were busy in arranging fund.
Applying in primary through selling in secondary.
See the market.Taking bloodbath suddenly.
Sensex 175 down
Nifty 50 down

:)

QIB can buy apple, microsoft and other big company

such amount is peanuts for them

I follow TA, so after about July 2018, this is first time when in NIFTY 50 index , 9-D Moving average has dipped below 21-D moving average, it suggests a bearish phase in times to come

SUBSCRIPTION FIGURE UPDATED AS ON 19/09/2018 3:00PM
Issue Opens17 Sep 2018Issue Closes19 Sep 2018
Price Band :Rs.470 - Rs.475Bid Lot :30 Shares
Category      No.of Shares Offered/reserved at      No.of shares bid for      No.of Times Subscribed
Lower Band      Upper Band      Lower Band      Upper Band
Qualified Institutional Buyers(QIBs)*      47,02,578      47,02,578      480,50,730      10.22      10.22
Non Institutional Investors      14,10,774      14,10,774      18,09,090      1.28      1.28
Retail Individual Investors(RIIs)      32,91,805      32,91,805      250,41,300      7.61      7.61
Employee Reservation      5,00,000      5,00,000      1,60,350      0.32      0.32
Total      99,05,157      99,05,157      750,61,470      7.58      7.58
*Excluding Anchor

Total No.of Application Approx : ~ 671607
Retail Subscription on the basis of Apps : 6.12 x

Subscription @3.00pm
================
QIB ------------ 10.22x
NII ------------- 1.28x
RII -------------- 7.61x
EMP ----------- 0.32x
Total -------- 7.58x

No.of Applications (Approx) - 671607
Retail Applicationwise - 6.12x

SUBSCRIPTION FIGURE UPDATED AS ON 19/09/2018 2:58PM
Issue Opens17 Sep 2018Issue Closes19 Sep 2018
Price Band :Rs.470 - Rs.475Bid Lot :30 Shares
Category      No.of Shares Offered/reserved at      No.of shares bid for      No.of Times Subscribed
Lower Band      Upper Band      Lower Band      Upper Band
Qualified Institutional Buyers(QIBs)*      47,02,578      47,02,578      434,65,470      9.24      9.24
Non Institutional Investors      14,10,774      14,10,774      17,88,690      1.27      1.27
Retail Individual Investors(RIIs)      32,91,805      32,91,805      246,66,780      7.49      7.49
Employee Reservation      5,00,000      5,00,000      1,59,240      0.32      0.32
Total      99,05,157      99,05,157      700,80,180      7.08      7.08
*Excluding Anchor

Total No.of Application Approx : ~ 666526
Retail Subscription on the basis of Apps : 6.07 x

in such a bear market, ipo to list at premium is doubt...what say?

If on listing day market tanks , at least we would get chance to exit at par/475.Chance of loss is negligible.

Agree with SJ

On such a big platform- is anyone aware about the GMP or Kostak rate for IRCON?

15 & 200

IRCON International Ltd. IPO:
Subscription figures (BSE+NSE)
as on last day at 2:30 pm:
QIB - 8.83X
HNI - 1.05X
Retail - 6.65X
Employees - 0.27X
Total - 6.58X
Retail application wise 5.34X
Approx 5.86 lakh applications till 2:10 pm
Good company, strong fundamental, good order book, fairly priced so i have applied.

Subscription @2.30pm
================
QIB ------------ 8.84x
NII ------------- 1.05x
RII -------------- 6.63x
EMP ----------- 0.27x
Total -------- 6.56x

No.of Applications (Approx) - 584762
Retail Applicationwise - 5.33x

QIBS 8x

IRCON Ltd Subscription
19/9/2018 @ 02:07:36 PM
QIB => 2.21
NII => 0.50
RII => 5.87
EMP => 0.22
TOTAL => 3.08

IRCON Ltd Subscription
19-9-2018 @ 02:23:26 PM
QIB => 8.61
NII => 1.02
RII => 6.46
EMP => 0.26
TOTAL => 6.39

Bhai, hame to lagta he, is bar QIB ne retailers ko dekh ke bid lagaya che ;) Kudos to all retailers!

finally decided to go for IPO.
Thank you guys for the guidance...

Subscription @2.15pm
================
QIB ------------ 7.59x
NII ------------- 1.01x
RII -------------- 6.41x
EMP ----------- 0.26x
Total -------- 5.89x

No.of Applications (Approx) - 563324
Retail Applicationwise - 5.13x

HNI now subscribed fully... All sub's will go higher by end of day for sure...

https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3777

https://www.nseindia.com/products/content/equities/ipos/ipo_current_ircon.htm?cat=A

https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3777

https://www.nseindia.com/products/content/equities/ipos/ipo_current_ircon.htm?cat=A

Seems that NII quota won't get subscribed fully, if one REALLY wants sure shot allotment, they can apply through that category if having sufficient funds.

NII is already 0.95

If IRCON is getting such low response from QIB/NII, I don't think so anyone would dare to subscribe for Garden, Aavas, they are not going to sail through for sure, bad timing for those IPOs.

Yes, Im cancelling my applications which I have applied yesterday. Don't want to apply, wait for a week for allotment and take risk due to secondary market conditions. Instead, seems better to buy some quality stocks in this downfall.

Seems better plan.

Applied 1 lot through SBI @ 1-45 PM after seeing the subs trend and some conviction about listing and short term prices... looking to hold if allotted for short term.

Aa gaye

QIB has started ...should we subscribe?

I have already applied. but i would suggest to wait for some more time.

can we apply this ipo? Pls tell me about this ipo yes or no?

Yes

Yes. Risk reward bit favorable keeping in view Listing Gains and discount