MOIL Limited IPO Message Board (Page 64)

moil sub 32.49 times in retail grey mkt prem 205/210

is thr ny problem with hdfc asba. I tried to submit sci application bt it shows system under maintenance. Ny1 usin hdfc asba

Now Relax time.If got some allotment then its great. Otherwise no problem. Its time to party. Try Ravikumr Dist. product

Retail investors who have applied for MOIL IPO will be allotted shares on a proportional basis.
For example, the MOIL IPO was over subscribed 31 times in the retail segment ( This means that if you have applied for 527 shares, you will qualify to get 17 shares, 527/31).

If you have applied for 34 shares(2 lots), you will qualify to get 1 share, 34/31.

The NSE Website shows the Cut of oversubscription figures which I guess are the retail aplications at 27.6 times. Where are the other figures comming from?

Hi All
I think Investing 50-60 thousand in MOIL is equivlant to 2 lac in MOIL.I think both will got 1 lot.

Full application will get firm allotment if oversubscription is 31 times.

Full application = 17 shares * 31 Lots
IF Oversubscription = 31 times

17 * 31 / 31 = 1 lot firm.

Even if retail is oversubscribed 33 times , still full application should get firm allotment.

exclude price bids and include 50% of unsubscribed portion of employee quota, also exclude the application with only 2-4 lots applied.

Hello Mr. Hamara Bajaj...There the case was max total lots for 1 lac applied were less than the oversubscription. Here it is approximately equal. eg: Gravita max lots is 16 whereas it got 37x. so out of 37 ppl, approximately 16 full appln guys will get 1 lot (i.e 50 shrs).

I do not have enough money always.. but would want to apply for IPOs. Is there any way for retail investers to borrow money quickly for IPO purposes ?

MOIL LATEST NEWS

RETAIL 33 TIMES

ADD EMPLOYEES QUOTA 2.5-3L SHARES

OUT OF 100 APPLICATIONS OF 2L, 96-97 APPL WILL GET 17 SHARES

Guys, just think before commenting. Careerpoint and Gravita were subscribed 31.74 and 37.34 times in retail respectively. In Careepoint, 80 out of 159 who applied for 1 lac (which was the maximum limit at that time) were allotted one lot each whereas in Gravita 37 out of 84 who applied for 1 lac were allotted one lot. Similarly, MOIL is subscribed around 32.5 times in retail, so even if one has applied for 2 lacs, his chances of getting one lot will be around 50% only.

Retail 33 times
final!!!

how can I sell this IPO with 10000 premium for 2 Lac?

HOLD THIS STOCK IT WILL TOUCH 800+ ON LISTING DAY. DEBT FREE COMPANY
AVERAGE PE OF ALL LISTING COMPANIES IN THE WORLD IS 15 TO 20PE.
THIS WILL ONE OF THE HIGHEST EARNING COMPANY WITH FY11 EXPECTED EPS
41.

HOLD HOLD HOLD

Su Mani @1026

SHAME ON YOU!
Gravita was 1 lac limit IPO whereas MOIL is 2 lacs. So what Sai Shyam(@1023) is saying is correct. Everyone with 2 lac appln will get 1 lot. 1 lac appln will get 1 lot lottery 1 out of 2, approximately.

So in this scenario I think its better to go for 1 lac appln and take the chance and avoid IT scanner

MOIL Bid Details
[BSE+NSE]

Qualified Institutional Buyers - 49.1543
Non Institutional Investors - 143.2919
Retail Individual Investors - 29.8667
Employee Reserved - 0.5501
Total - 55.4054

What is current subscription at cut off price? (NSE+BSE)

Attn : all IPO wizards.. thanks for you earlier comparative suggestions earlier about LIC housing as better choice.
At this point :
Is LIC Housing ( secondary market ) still a better option than IPOs?
LIC Housing has crossed Rs.1050 . Is still there some more upside ?

LATEST MOIL RATES

BUYER RS. 210
SELLER RS.220