Hi boarders, my brokers made me applied with Rs 12150 in pc jeweller ipo but whwn we applied online in icici direct we pay 11700 now when i got 90 share what will happen to remaining Rs 450. i still not get remaining Rs 450. If somebody who all also applied with Rs 12150 whether get refund.
Since retail investers getting PC shares at the price of 130 rupee (5 rupee discount), that''s why they alloted only 90 shares (at least Minimum no as per sebi rule...) The more you allocate, the more discount u have to give... Kanjoos PC Jewellers...
I am very surprise. PC Jewellers Shares for retails are 15671250. Total Shares applied 26327700 means 1.68 times. Nobody get more then 90 shares. 15671250/90 = 174125 applicants. Any body get more then 90 shares ? When Basis allotment will published by PC Jewellers & CARE then we know.