IPO size 1536000 shares Retail 50% so appro. 770000 share Subscription 7.20pm At 27 29904000( assuming all non retail) subscription hni 38 to 39 times At cut off 5884000 so retail closer to 8 times This is just rough calculation
Dear Admin, Bidding status given you above and the status available at BSE SME platform differs significantly. Please check the same and advise us suitably. Thanks.
Actual figure is 2,99,04,000 as cut qty is included in this already. Issue subscribed 20.70 times This can be verified by the Superfine Knitters details as below:
Bid and Quantity for SUPER FINE KNITTERS LIMITED At BSE Last updated on 1/24/2017 11:20:34 PM Price () Quantity 12.00 8,26,00,000 Cut-off 1,99,30,000 Total 10,25,30,000
Basis of allotment:
SUBSCRIPTION DETAILS
The Issue has received 4715 applications for 8,25,90,000 Equity Shares resulting in 24.29 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Lakshaya Circuit is 20% Please read Draft before making comments. U r making fool of Urself. Bse/Nse they don''t decide Circuit we hav certain parameters for that