24 Jul 07 Central Bank of India IPO : Apply for Listing Gains
The Central Bank of India IPO got oversubscribed in the first few hours of opening for subscription today. At present the Central Bank of India IPO is subscribed by 2.26 times (oversubscribed by 1.26 times). The Central Bank of India IPO is likely to provide excellent gains on listing. Apply aggressively at cut off for listing gains. The Central Bank of India IPO closes for subscription on 27th July.
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Hi bullish,
Is it like, the people subscribed on first day will get preference over allocation when compared to people who subscribed on 2nd or 3rd day?
Thanks,
@Balaji
No there is nothing like that. All applications are treated equal (provided there is no technical error in filling). However be careful while applying on last day as there is a cut off time for that and sometime the receiving agent may not be able to upload data if lot of applications are received at last moment.
Thanks for your quick reply…
Can you tell me on wat basis they are alloting the shares?
Is it like people applied for 30k have less preference compared to those applied for 1 lak?
Can u tell about the lottery allocation, in short?
@Balaji
Allotment is done on proportionate basis so people applying for 1 lakh will have more chance of getting allotment then who is applying 30K however if you are applying more than 1 lakh then equation changes as that application goes in High Net worth other then retail (1 lakh and less).
Hi,
In Hindu Business line, they have advised to avoid the central bank issue. I was planning to invest some 50K in it. Which one will be a better pick, CBI or Asian Granito? SInce I dont have enough funds, I can go for only one of these.
Regards
Ann
@Ann – Central Bank IPO is definitely better
I AM PLANNED TO INVEST IN CBI IPO. ADVICE ME TO INVEST THIS IPO OR NOT.
HI,
I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment?
Thanks
HI,
I have applied for 480 shares(aprox 49000) in CBI at cutoff. what are my chances of allotment?
Thanks
@Bullish, Please place few comments reg allotment/expected dateof listing.Regards.
I have applied for 240 shares in CBI at cutoff. what are my chances of allotment?
i applied for 60 shares of CBI at cut off price what are my chances of allotment?
i applied for 480 share of cbi at cut off price what are my chances of allotment?
any idea about when will the allotment gets completed
i have applicd for 240 shares of cbi ipo. how much i wiil be alloted .
when will be listed central bank of india in NSE/BSE.
Central Bank listing date should be either on thursday or firday. Official announcement regarding the listing date of CBI has not yet been made.
Kindly let me know when CBI is going to be listed.
If they didn’t allocate to me, then how they will refund the amount. wether they will deposit to my trade acount or they will send a cheque through courier?
hi bullish,
Can u say me will the amount of investment be a factor in allocating the no: of shares per person in IPO. or a person will get only one slot(the minimum coated by the firm) what ever the amount is invested..
@senthil – Yes the number of shares applied for is a factor which determines your chances of allotment. More lots u apply, more your probability of getting allotment in an IPO which is heavily oversubscribed.
where to contact for Central bank of India IPO Refund.
it is good site ,for a person who want to know about these stock market, i once again appriciate.
i have a question: can i open my DEMAT account in UTI also.
kinldy reply soon.
regards
vivek munjal
i have applied for 105 shares of PIl power ipo, what are my chances to get and how many shares.