as you have applied for 11 lots (11*25 shares per lot)= 275 shares and issue is subscribed 40 times in retail. you chances are 11:40 or 1:4 or 25:100 i.e 1 out of 4 or 25 out of 100 persons.
as per my y'day comment i repeat it , vishal real mein vishal ho gaya hai, when vishal listed you can see my comment that one month target 925 rs. if listed 589 arround. this is foundamentally calculation from brokage house.
Hi Manoj, I think one could have applied a maximum of 14 lots in this issue. If the over subscription is more than 14 times in retail segment then it is a lotery. So My guess is it should be a lottery...so keep your fingers crossed...... That is the problem with some of the small issues which have excellent records.....GBN,ORBIT,ICRA etc have all been lottery..... Now comes the big question, If someone has already applied in Vishal & does"nt have enough money to apply for DLF & others & to rub it on, if he does"nt get allotment in Vishal, He would be kicking himself.....
38.99 times till 16:00 hrs !!!! Remember, FIIs are not allowed to bid under this IPO, and will pickup shares from the market after listing. Such huge over subscription without FIIs tells the class of this IPO. Anand, it does not matter whether bid was made at the first day, or at the last day. Hopefully, market would have gone through the correction (which has not come yet) by the time this scrip lists.
Plz tell me ...If we apply an any IPO on last day ....Does it effect on getting allotment? Immean person applying on 1st day is having more chances than the guy applying on last day..?