Religare Enterprises Limited IPO Message Board (Page 44)

I invested in Non-Institutional Investor category and now it appears that chances of decent allotment are very low because the issue has been heavily oversubscribed. Please let me know if I can make a stop payment on the check. Will there be any repercussions?

Congrats to all applicants..... Hope everybody learns from this... I did the same mistake in everron.... Not again

309. Sahni
100%

Oversubscription data at 08.55pm today is as follows.
Religare
Retail Category: 88.20 times
Overall : 161.52 times

Better to stop Cheque payment and instead apply for Mundra. Lottery will not work this time. Let us hope the registrar to the issue is fair in allotment and no problem in allotment. The prospectus is full of cases against management and the firm. the firm is under investigation for price rigging of some shares and have said so in their prospectus

Chances are minimum. Make stop payment and apply to mundra
or wait till refund and apply to reliance power

According to sources, QIB portion was oversubscribed 175 times, HNI portion 150 times and retail approximately 45 times.

Hi Vishal,

Where can we get the information about how many times an IPO got oversubscribed in RETAIL and Non-Institutional segments.

Total Issue Size 7576102
Total Bids Received 1204730065
Total Bids Received at Cut-off Price 190450435
No. of times issue is subscribed 159.02

Lottery Lottery Lottery - whoever has luck will get the allotment. Good luck to everyone.

All this information is wrong. overall subscription can not be greater than all the categories at the same time.

If overall is 152 times, then atleast one category would have been subscribed by more than 152 times

OVERALL SUBSCRIPTION ( 6:50 PM ) = 158.74
BSE = 82.59
NSE = 76.15
RETAIL = 82.90
HAPPY INVESTING

DEAR SANJAY
NO BODY CAN FIND THE OVERSUBSCRIPTION OF HNI CATAGORY BEFORE BIDDING ENDS FOR EACH DAY. U HAVE TO WAIT TILL NSE/BSE TO DISPLAY THAT
REGARDS
HOW MUCH U HAVE APPLIED?

Dear Vishal

What is oversubscription for Non institutional category (HNI) ?


thanks

OVERALL SUBSCRIPTION ( 6:35 PM ) = 157.77
BSE = 82.17
NSE = 75.60
RETAIL = 79.82
HAPPY INVESTING

retail -75.5 times already

DEAR SATHIS U WILL NOT GET SHARES
IF U WOULD HAVE APPLIED AT CUT OFF (ie @ 185 )THN THERE SLIM CHANCE OF GETTING SHARES
NEWAYS NEVER DO MISTAKE IN APPLICATION
I APPLIED 2 APPLICATION @ 185 THAT IS 97125 + 97125
NOW I M GOING TO STOP PAYMENT OF CHECK AS THERE IS HUGE OVER SUBSCRIPTION
HAPPY INVESTING

hi,
for 1 lac appln, 1 out 4 will get allotment - 35 shares.

Oh.... nows its a lottery... better to purchase it when listed.
Now eyes on Mundra....

MORAL OF THE STORY.....Never Apply in IPO which is subscribed over 50 times on second day only. And still if you have applied on 3 rd day after 2nd day subscription you are blocking your money

the probability of getting shares in the maximum application is 16-20%