TOTAL RETAIL APPLICATION RECEIVED ARE 1.84 LAKHS.SO EVERY RETAIL APPLICANT WHO APPLIED FOR 1LOT OR MAXIMUM LOTS WILL GET MAXIMUM 90 SHARES. RATIO OF ALLOTMENT WILL BE 1:1.05 LISTING AROUND 150.
Qualified Institutional Buyers (QIBs) 7.33 times Non Institutional Investors 18.12 times Retail Individual Investors (RIIs) 1.47 times Employee 0.91 times
18.1. ValueSeeker| Link| Bookmark|
December 12, 2012 11:53:04 AM
IPO Mentor (1000+ Posts, 400+ Likes)
If you bid at cut-off, you can bid only for 1440 shares. However, you can put in a price bid at 130 and bid for 1530 shares. But if the issue price for retail is decided to be lower than 130, your bid would still go in at 130 only.
What''s the maximum count of shares a retail investor can apply for after having Rs.5 discount? Will the total bid value be considered above Rs.2 lacs with discount or without it?
Is there any way to figure out the total number of applications under retail segment apart from Basis of Allotment? Becathat will hold the key to arrive at approx. number of shares to be allotted at various lot levels.