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VickyMehta's Comments

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VickyMehta
2. VickyMehta  Feb 5, 2020 16:21 Reply

ITI Ltd FPO

LIC has to prepare itself for its mega-IPO, so Government is unable to force it to buy the remaining under-subscribed quantity of FPO.
VickyMehta
1. VickyMehta  Feb 5, 2020 13:09 Reply

ITI Ltd FPO

I am not cancelling, but revising my bid from cutoff to Rs. 72. Hope that LIC bids for same price.
CLD
3.2. CLD  Feb 5, 2020 13:28

ITI Ltd FPO

if subscription is less than one time then it will be allotted at 71 only. for retailers it is always better to subscribe at cut off if one wants to get shares allotted
VickyMehta
3.3. VickyMehta  Feb 5, 2020 16:19

ITI Ltd FPO

I don't want to get the shares if it is allocated at 77. Tomorrow itself more likely it will come down to 77. You can buy easily from open market at 77 with such a bad response in FPO.



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