A question to all the experienced members of the forum. How is QIB subscription calculated after anchor allotmen ? Is the figure of 1.85x a multiplier of the entire 450cr QIB quota or what''s remaining of it ie ~180cr.
Dear Chittorgarh Admin Team, Just wanted to know hoe the subscription figures are increasing after 4 pm of QIB & HNI. As these Both Close at 4 PM . Whether their time has increased or what.
89.1. IpoRetailer| Link| Bookmark|
December 10, 2021 4:00:59 PM
Top Contributor (200+ Posts, 100+ Likes)
Reports at Chittorgarh website are not real time, they are bit delayed.
any seniors please guide us hni and qib is too poor , but what is the happening with retailers ,, why they are applying eagerly,,, please guide uss sir
@Share Tiger, my personal opinion as below (I also applied in retail) 1. Retail portion is 10% for a 600 crore IPO. 2. Retail may apply due to ''Shriram'' brand 3. Retail may apply due to real estates sector charm 4. Retail hopeful for a 10-20% gain due to issue price looks comparatively lower than other IPO''s 5. Retail knows something others don''t see (Seldom its true) 6. HNI doesn''t apply unless there is reasonable GMP or good subscription of HNI or QIB''s and so on...
However, I wish for good listing of this IPO to see the retailers (including me) not to get disappointed, which important for overall IPO environment
anchor invertors are very strong and good ,,,, and if i appply from my all accounts then what will be the apporx +/- Listing
88.5. IpoRetailer| Link| Bookmark|
December 10, 2021 3:59:45 PM
Top Contributor (200+ Posts, 100+ Likes)
@MRavichandran, Very well analysed. I tick most of the points while taking a decision to apply 2 lots in retail on 1st day itself. But Seeing the response, I tried to withdraw both. I could only cancel one I applied using UPI, but was late to pull out the other one I had applied using ASBA. I feel 1 application will hit. :P
Hoping to exit between 1%-5% . Lets see how market behaves next week.