23 Jul 07 Central Bank IPO opens for subscription

The Central Bank IPO opens for subscription tomorrow. The issue size of central bank IPO is around 800 crores. It makes sense to apply in the central bank IPO instead of the Zylog IPO or the Omnitech IPO because since the issue size of central bank IPO is large, getting allotment will be easier. Further many leading banks and other strategic investors are likely to use the IPO to take a stake in central bank of India which has the third largest bank network in India.

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Reader's Comments

1. Pravesh | 23 Jul 2007 8:20 pm

   GOING TO BE A REALLY NICE INVESTMENT

2. Vishal | 23 Jul 2007 11:01 pm

   hi Bullish…
   most of my funds are stuck in the other IPOs. Am waiting for the refunds / allotments to come thru. What r the chances of allotment if I dont apply for maximum shares in central bank IPO?? Or should I just buy some more of DLF from secondary market

3. gopal | 23 Jul 2007 11:32 pm

   Hi,
   I have about 1.75 lks to invest now.want to split between central bank of india and refex..whats your suggestion ..how to go about and in how many applications..pls advise
   gopal

4. Shailesh Agrawal | 24 Jul 2007 5:58 am

   How do you people find the current subscription level of any IPO ? Please help.

5. Vishal | 24 Jul 2007 10:03 pm

   Hi Shailesh,
   go to NSE website and click on the IPO u r interested in then on the top of that page you will find a View:NSE-BSE demand graph. When u go to that link it will give you the no of shares applied for by investors. For a rough estimate of the retail category look at the bids at cut-off, since about 90% retail investors apply at cut-off and this option is only for retail so you can get a fair estimate.
   Hope this helps
   Vishal

6. bonny bonanza | 27 Jul 2007 4:28 am

   HI,
   I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment?
   Thanks

7. kalpesh | 02 Aug 2007 1:25 pm

   HI,
   I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment? and what abt gain??
   Thanks

8. Roheetash Tayal | 07 Aug 2007 11:44 pm

   HI,
   I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment?
   Thanks

   Roheetash Tayal

9. Sandeep | 08 Aug 2007 12:35 am

   Roheetash, anything less than maximum amount(1L) you wont get any allotment in CBI

10. sunil kumar bansal | 08 Aug 2007 11:08 am

    please tell me my allotment status.my application number is 63688464 and 6368862.

11. ashok gupta | 08 Aug 2007 10:24 pm

    HI,
    I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment?
    Thanks

12. Ravindra Kurhade | 09 Aug 2007 4:55 am

    please tell me my allotment status.my application number is 53655759

13. sandeep | 13 Aug 2007 5:10 am

    Dear Sir, pls tell me central bank ipo listing date

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