35 % of 1311 cr works out to about 450 Cr. 450 Cr / 15000 = 3 Lakhs. Thus 3 lakhs applicants will get allotment. What is your estimate of over subscription? I think 3 times at the most if reviews are good.
9.5. Ipo tracker| Link| Bookmark|
January 4, 2017 9:52:40 PM
Top Contributor (500+ Posts, 200+ Likes)
Yes 3 times to 2.5 times appwise oversubscription is possible. As always happens , people will go by name as seen in L&T and Icici group''s ipo''s rather than valuations. Around 3.60 lakhs can be in retail category depending upon final issue price band.
I was waiting for 750/800 since July. I sold my IPO allotment today at Rs 704.75 because chart pattern was very exhausting. It has strong EPS growth year on year but this is not reflecting in stock price. IMO it is Rs 1000+ stock but I took an exit on frustration and fear that it may slip back to 650 odd levels.
Technically it has target of 780 if breaks 720 with volumes. All the best to you.
7. Eagleye| Link| Bookmark|
January 4, 2017 12:15:39 PM
IPO Guru (6600+ Posts, 21900+ Likes)
IPOs IN THE PIPELINE (Status as of 30th December 2016)
DRHP Filed – SEBI approval is awaited
GTPL Hathway >>> DRHP date 30-Dec-16 Housing & Urban Development Corp. >>> DRHP date 30-Dec-16 National Stock Exchange of India >>> DRHP date 28-Dec-16 PSP Projects >>> DRHP date 27-Dec-16 Central Depository Services >>> DRHP date 24-Dec-16 S Chand & Company >>> DRHP date 16-Dec-16 Reliance Infrastructure InvIT Fund >>> DRHP date 15-Dec-16 India Grid Trust >>> DRHP date 02-Dec-16 Music Broadcast >>> DRHP date 28-Nov-16 Prataap Snacks >>> DRHP date 30-Sep-16 Shankara Building Products >>> DRHP date 28-Sep-16 Security & Intelligence Services >>> DRHP date 26-Sep-16 IRB InvIT Fund >>> DRHP date 07-Sep-16
SEBI approval received (less than 7 months ago)
BSE >>> DRHP date 09-Sep-16 G R Infraprojects >>> DRHP date 29-Sep-16 Genesis Colors >>> DRHP date 28-Sep-16 Continental Warehousing Corp. >>> DRHP date 30-Sep-16 Avenue Supermarts >>> DRHP date 29-Sep-16 Aster DM Healthcare >>> DRHP date 24-Jun-16 Seaways Shipping and Logistics >>> DRHP date 28-Mar-16 CL Educate >>> DRHP date 30-Mar-16 Hinduja Leyland Finance >>> DRHP date 29-Mar-16
SEBI approval received (more than 7 months ago; but less than 12 months)
K.P.R. Agrochem >>> DRHP date 21-Dec-15 Nihilent Technologies >>> DRHP date 23-Dec-15 New Delhi Centre for Sight >>> DRHP date 30-Nov-15 GVR Infra Projects >>> DRHP date 30-Sep-15 Maini Precision Products >>> DRHP date 30-Sep-15 VLCC Health Care >>> DRHP date 23-Sep-15