As on 02-Sep-2016 15:50:26 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 5790000 Total Bids Received 37314000 Total Bids Received at Cut-off Price - No. of times issue is subscribed 6.44
the turnover / net profits of the company were Rs. 58.96 cr. / Rs. 3.67 cr. (FY14), Rs. 68.43 cr. / Rs. 4.04 cr. (FY15) and Rs. 64.78 cr. / Rs. 9.45 cr. (FY16)
Inspite of decrease in Turnover in 16-17 hows profit have been increase by 240% Whether it is cooked or any other reason
In my personal opinion, i think that we should apply for this IPO, as it has subscribed by 1.11 times in day 2 itself, we can expect overwhelming response with next 3 days left for subscription.
It is available at IDBI Netbanking. Further Investors have written to SBI and other Banks who have not listed this IPO to list in their Netbanking section.