Feb 18 2019 7:57:31 AM
Your friend did not get the IPO because he has applied at lower price.
In the case of Over subscribe in QIB it will go for upper price. Even if other category remain under subscribe.
So here in case of RII under subscribe. QIB will get the IPO instead of Lower Price range RII.
Hope it will be clear.
Feb 8 2019 10:39:25 AM
@Admin, IPO has been listed at about premium @ 5% up.
Another Point is that my friend has applied in this IPO under individual category at @ Rs.275 /- price. And Subcription under retail category is not fully subscribed i.e. 0.02 %. But my friend has not been alloted shares .
Please tell me reason and explain process of ipo allotment.
Jan 31 2019 8:07:48 PM
thanks for your suggestion.
but QIB figure is not good. QIB should be > 10x and HNI should be > 20x.
Jan 31 2019 3:12:56 PM
I think that it will be good ipo. Because QIB subcription is very good.
It will not lose your money and expectation...
Jan 30 2019 9:06:54 AM
Do not subscribe for now. wait for last day.
GMP has been updated in IPO GMP Section.
Jan 29 2019 5:14:22 PM
Any GMP ?
Jan 28 2019 1:15:25 AM
Chalet Hotels Limited IPO is risky bet.
Initial analysis said do not subscribe.
But we will wait for Subscription figure.
In past for bad IPO if subscription figure is good, listing gain was happen.
Jan 28 2019 1:14:00 AM
Latest GMP updated in IPO GMP Section.
GMP is NILL.