Hi can any body tell me what is the procedure of allotment now to retailers,As i seen the basis of allotment of this issue the ratio of is 39:155 for all category whether u applied 50 shares or 650.Then why peoples blocks huge amount if probability is same for all applicants-Er RK goyal
PNBHFL IPO offer price @ 776 ,some or many expart said high valuation compare to peer LICHFN. Recently it touch 1225. Today bulk deals @1158 approximately amount 11 cr. Please exparts share thier view about recent valuation.
If you were new to the group in early 2016 and had invested Rs 1 crore in each and every IPO in 2016 and got the allotment according to the NII category and still were holding all the shares alloted, you would have made a whopping profit of 37%.
Only caveat is you would need another Rs 9 crores to held on to the shares allotted. So at the end of the year portfolio Rs 9.1 crore, profits 3.3 crores. The profits not annualized (which itself would be a big number if done Time weighted Returns).
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March 27, 2017 8:04:03 AM
(1600+ Posts, 3900+ Likes)
15 trading 7%possible*......(keep ur own SL to avoid more losses)