Looking at these figures, deliverable quantity looks quite high.
Doing a basic analysis on the assumption that 100% of Retail, 100% of NII and 100% of employees exited today. We can say, Remaining deliverable qty = 1,15,99,904 - 28,32,378 - 66,08,881 - 18,450 = 21,40,195 And doing 21,40,195 / 37,76,502 = 57% That means atleast 57% QIBs exited today. Quite high in my opinion.
What do you think of this? If QIBs are also selling, then who were buying....Other QIBs or retail investors? Is there still value in the stock?
Total Shares Offered: 18768750
Anchor: 5532539
QIB: 3776502
NII : 2832378
Retail: 6608881
Employee: 18450
Total Shares other than Anchor: 13236211
Todays Deliverable Quantity: 11599904
NSE: 10373253
BSE: 1226651
% of shares changed hands: 87.64
No of Lots yet not changed hands..: 32726